Tricounty Area Chamber of Commerce Foundation Inc

Analysis

Tricounty Area Chamber of Commerce Foundation Inc is a registered charity in United States, based in Pottstown, PA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tricounty Area Chamber of Commerce Foundation Inc reported income of $64k and spending of $89k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $64k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tricounty Area Chamber of Commerce Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include Willamette Family School Organization ($64k), Nayatt PTO ($64k) and The Allen Temple Leadership Institute ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $20k against liabilities of $17k, net assets of $3,271.