African American Chamber of San Joaquin Foundation

Analysis

African American Chamber of San Joaquin Foundation is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, African American Chamber of San Joaquin Foundation reported income of $510k and spending of $476k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $222k to $510k (+130%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, African American Chamber of San Joaquin Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Girls on the Run of Southeastern Michigan ($509k), Girls at Work Inc ($510k) and World Wide Youth Camps Inc ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $190k (40% of expenses). At year end it held assets of $34k against liabilities of $0, net assets of $34k. It reported 4 employees.