Oakland Chinatown Chamber Foundation

Analysis

Oakland Chinatown Chamber Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in February 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, Oakland Chinatown Chamber Foundation reported income of $106k and spending of $104k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $326k to $106k (-68%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Oakland Chinatown Chamber Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Original Little Italy Community Organization Inc ($106k), Alto Economic Development Corporation ($106k) and Cassopolis Main Street ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.