Danville Pittsylvania County Chamber Foundation

Analysis

Danville Pittsylvania County Chamber Foundation is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Danville Pittsylvania County Chamber Foundation reported income of $74k and spending of $103k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $29k to $74k (+159%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Danville Pittsylvania County Chamber Foundation 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 29th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Broward Cares for Kids Foundation Inc ($74k), E G Schlieder Higher Education & Health TR ($74k) and Corporal Christopher Kelly Willis Foundation ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $156k against liabilities of $89k, net assets of $66k.