Youngstown Warren Regional Chamber of Commerce Foundation

Analysis

Youngstown Warren Regional Chamber of Commerce Foundation is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in July 1988, 38 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Youngstown Warren Regional Chamber of Commerce Foundation reported income of $664k and spending of $650k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $677k to $664k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Youngstown Warren Regional Chamber of Commerce Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Region V Community Development Corporation ($664k), Perfectly Flawed Foundation ($664k) and Pci Foundation ($663k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.3m against liabilities of $364k, net assets of $886k.