Manatee Chamber Foundation Inc

Analysis

Manatee Chamber Foundation Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in March 2006, 20 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 2022, Manatee Chamber Foundation Inc reported income of $97k and spending of $66k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $86k to $97k (+13%), an average of +13% a year. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Manatee Chamber Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Urban Islands Project ($97k), Vergennes Partnership Inc ($97k) and Chariho Rotary Club Foundation Inc ($97k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $230k against liabilities of $0, net assets of $230k.