Bowling Green Area Chamberfoundation Inc

Analysis

Bowling Green Area Chamberfoundation Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Bowling Green Area Chamberfoundation Inc reported income of $166k and spending of $172k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $194k to $166k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 103% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bowling Green Area Chamberfoundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within KY. Charities of a similar size with the same main cause include Alvarez Titans Youth Activities Inc ($166k), Levittown Pride Football & Cheer Inc ($166k) and Tech Turn Up ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 53% of the total. At year end it held assets of $597k against liabilities of $101k, net assets of $496k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.