Greater Bridgman Area Chamber of Commerce and Growth Alliance

Analysis

Greater Bridgman Area Chamber of Commerce and Growth Alliance is a registered charity in United States, based in Bridgman, MI. It received its IRS tax-exemption ruling in October 2015, 11 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 (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, Greater Bridgman Area Chamber of Commerce and Growth Alliance reported income of $156k and spending of $154k, spending 99% of its income. Across the 2 years on record, from December 2019 to December 2023, income grew from $49k to $156k (+219%), an average of +219% a year. The sharpest change came in the year to December 2023, when income rose by 219%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Bridgman Area Chamber of Commerce and Growth Alliance sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include Sabores Well ($156k), Heroes for Healthcare Inc ($156k) and Colorbold Business Association Inc ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.