Afghan American Chamber of Commerce

Analysis

Afghan American Chamber of Commerce is a registered charity in United States, based in Great Falls, VA. It received its IRS tax-exemption ruling in June 2003, 23 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, Afghan American Chamber of Commerce reported income of $64k and spending of $23k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $23k to $64k (+181%), an average of +181% a year. The sharpest change came in the year to December 2023, when income rose by 181%. Over the whole period it spent 63% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Afghan American Chamber of Commerce sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within VA. Charities of a similar size with the same main cause include Monclova Historical Foundation ($64k), Westminster Rotary Foundation Inc ($64k) and Northwest Ottawa Economic Development Corporation ($64k).

At year end it held assets of $42k against liabilities of $0, net assets of $42k.