South Baldwin Chamber Foundation Inc

Analysis

South Baldwin Chamber Foundation Inc is a registered charity in United States, based in Foley, AL. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Baldwin Chamber Foundation Inc reported income of $179k and spending of $181k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $184k to $179k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Baldwin Chamber Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within AL. Charities of a similar size with the same main cause include Junior League of Texarkana Inc ($179k), Main Street Lexington ($179k) and Penngrove Social Firemen ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 144% of the total. At year end it held assets of $262k against liabilities of $31k, net assets of $231k.