Greater Hartford Chamber of Commerce Foundation Inc

Analysis

Greater Hartford Chamber of Commerce Foundation Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in April 1974, 52 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Hartford Chamber of Commerce Foundation Inc reported income of $96k and spending of $107k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $96k (+224%), an average of +224% a year. The sharpest change came in the year to December 2023, when income rose by 224%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Hartford Chamber of Commerce Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within CT. Charities of a similar size with the same main cause include Camp Joy ($95k), Nevada Automobile Museum ($96k) and Switzerland County 4-H Club ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $268k against liabilities of $186k, net assets of $82k.