Greenville Chamber Foundation Inc

Analysis

Greenville Chamber Foundation Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in October 1971, 55 years ago. 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 2022, Greenville Chamber Foundation Inc reported income of $560k and spending of $706k, spending 126% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $203k to $560k (+176%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 421%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenville Chamber Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include Veterans Place Inc ($559k), Ark House Inc ($560k) and Support for Prison Ministries ($559k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $380k against liabilities of $0, net assets of $380k.