Miami Beach Chamber Education Foundation

Analysis

Miami Beach Chamber Education Foundation is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in January 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 September 2023, Miami Beach Chamber Education Foundation reported income of $394k and spending of $283k, leaving 28% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $211k to $394k (+87%), an average of +23% a year. The sharpest change came in the year to September 2023, when income rose by 106%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miami Beach Chamber Education Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Central Carolina Technical College Foundation Inc ($394k), Build Command Team ($394k) and Dewannas Community Closet a Nonprofit Corporation ($394k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.