Main Line Chamber Foundation

Analysis

Main Line Chamber Foundation is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in January 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, Main Line Chamber Foundation reported income of $68k and spending of $66k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $68k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Main Line Chamber Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include PTA New Mexico Congress ($68k), Olathe South Band Boosters ($68k) and Auburndale Community Charitable Foundation Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.