Greater Madison Chamber of Commerce Foundation Inc

Analysis

Greater Madison Chamber of Commerce Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Greater Madison Chamber of Commerce Foundation Inc reported income of $66k and spending of $118k, spending 177% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $220k to $66k (-70%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Madison Chamber of Commerce Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within WI. Charities of a similar size with the same main cause include Junior Golf Foundation of Fredericksburg ($66k), Warrenton High School Scholarships Inc ($66k) and Ebenezer Elementary Ptso Inc ($66k).

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 $242k against liabilities of $7,893, net assets of $234k.