Marshfield Area Chamber Foundation Inc

Analysis

Marshfield Area Chamber Foundation Inc is a registered charity in United States, based in Marshfield, WI. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Marshfield Area Chamber Foundation Inc reported income of $242k and spending of $198k, spending 82% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $211k to $242k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marshfield Area Chamber Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within WI. Charities of a similar size with the same main cause include Rotary Club of Lakewood Washington Charitable Fund ($242k), Delta Golf Open Inc ($242k) and Indy Hub Foundation Inc ($242k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% and program service revenue 11% of the total. Other salaries and wages came to $87k. At year end it held assets of $612k against liabilities of $52k, net assets of $560k.