Edmonds Chamber Foundation

Analysis

Edmonds Chamber Foundation is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Edmonds Chamber Foundation reported income of $69k and spending of $70k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $69k (+5.0%), an average of +5.0% a year. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Edmonds Chamber Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within WA. Charities of a similar size with the same main cause include Pacific Partnership ($68k), Wisner Community Development ($69k) and Evolve ND ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.