West Suburban Chamber of Commerce & Industry Foundation

Analysis

West Suburban Chamber of Commerce & Industry Foundation is a registered charity in United States, based in LA Grange, IL. It received its IRS tax-exemption ruling in November 2001, 25 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, West Suburban Chamber of Commerce & Industry Foundation reported income of $303k and spending of $497k, spending 164% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $308k to $303k (-1.6%), an average of -1.6% a year. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Suburban Chamber of Commerce & Industry Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Foundation for Community Betterment ($303k), Nickelsville ($303k) and Network2work USA ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.