Great Falls Area Chamber of Commerce Foundation

Analysis

Great Falls Area Chamber of Commerce Foundation is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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 September 2023, Great Falls Area Chamber of Commerce Foundation reported income of $390k and spending of $162k, leaving 58% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $264k to $390k (+48%), an average of +48% a year. The sharpest change came in the year to September 2023, when income rose by 48%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Falls Area Chamber of Commerce Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MT. Charities of a similar size with the same main cause include Little League Baseball Inc ($390k), Rotary District 7300 Foundation ($390k) and Rancho Santa Fe Community Center Inc ($390k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 0.1% of the total. At year end it held assets of $623k against liabilities of $0, net assets of $623k.