Bedford County Chamber Foundation

Analysis

Bedford County Chamber Foundation is a registered charity in United States, based in Bedford, PA. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bedford County Chamber Foundation reported income of $338k and spending of $352k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $138k to $338k (+144%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bedford County Chamber Foundation sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Friends of Utokyo Inc ($338k), Live Your Dream ($338k) and Emerging Scholars Program Inc ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 19% of the total. At year end it held assets of $55k against liabilities of $37k, net assets of $18k.