Foundation of the Columbia-Montour Chamber of Commerce

Analysis

Foundation of the Columbia-Montour Chamber of Commerce is a registered charity in United States, based in Bloomsburg, PA. It received its IRS tax-exemption ruling in March 1993, 33 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 March 2024, Foundation of the Columbia-Montour Chamber of Commerce reported income of $217k and spending of $209k, spending 97% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $204k to $217k (+6.0%), an average of +3.0% a year. The sharpest change came in the year to March 2024, when income rose by 71%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation of the Columbia-Montour Chamber of Commerce sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Doc Smith Legacy Foundation ($217k), Washburn University Charitable Gift Fund ($217k) and Greene County Fair Association ($217k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $9,227 (4.4% of expenses). At year end it held assets of $232k against liabilities of $0, net assets of $232k.