Sacramento Metro Chamber Foundation

Analysis

Sacramento Metro Chamber Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sacramento Metro Chamber Foundation reported income of $1.1m and spending of $937k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-4.0%), an average of -1.0% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sacramento Metro Chamber Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include East Central Community College Foundation Inc ($1.1m), Cape Coral Community Foundation ($1.1m) and Chrysalis Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $149k (16% of expenses). Other salaries and wages came to $133k. At year end it held assets of $724k against liabilities of $107k, net assets of $616k.