Kern County Hispanic Chamber of Commerce Business Education Founda

Analysis

Kern County Hispanic Chamber of Commerce Business Education Founda is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in May 2011, 15 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, Kern County Hispanic Chamber of Commerce Business Education Founda reported income of $155k and spending of $140k, spending 90% of its income. Across the 2 years on record, from December 2021 to December 2023, income fell from $208k to $155k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kern County Hispanic Chamber of Commerce Business Education Founda sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Carolina Park Elementary PTO ($155k), International Indian Statistical Association ($155k) and National Railroad Hall of Fame Inc ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 113% and program service revenue 0.9% of the total. At year end it held assets of $346k against liabilities of $0, net assets of $346k.