Foundatio of the Chester County Chamber

Analysis

Foundatio of the Chester County Chamber is a registered charity in United States, based in Malvern, PA. It received its IRS tax-exemption ruling in June 2002, 24 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, Foundatio of the Chester County Chamber reported income of $127k and spending of $131k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $63k to $127k (+100%), an average of +19% a year. The sharpest change came in the year to September 2021, when income rose by 124%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundatio of the Chester County Chamber sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Mt Diablo Education Foundation ($127k), Family Learning Institute ($127k) and Catoosa County Schools Partnership Program Inc ($127k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $615k against liabilities of $334k, net assets of $281k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.