Greater Green Bay Chamber of Commerce Foundation Inc

Analysis

Greater Green Bay Chamber of Commerce Foundation Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in September 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Greater Green Bay Chamber of Commerce Foundation Inc reported income of $2.7m and spending of $2.2m, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.1m to $2.7m (+28%), an average of +6.4% a year. The sharpest change came in the year to August 2023, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Green Bay Chamber of Commerce Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Conscience Community Network LLC ($2.7m), Civil Survival Project ($2.7m) and Cherish Families ($2.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 53% and program service revenue 32% of the total. Other salaries and wages came to $850k. At year end it held assets of $3.6m against liabilities of $847k, net assets of $2.7m.