Black Chamber of Commerce of Greater Kansas City Incorporated

Analysis

Black Chamber of Commerce of Greater Kansas City Incorporated is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 2015, 11 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 December 2023, Black Chamber of Commerce of Greater Kansas City Incorporated reported income of $86k and spending of $71k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $18k to $86k (+366%), an average of +67% a year. The sharpest change came in the year to December 2022, when income rose by 309%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Black Chamber of Commerce of Greater Kansas City Incorporated sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MO. Charities of a similar size with the same main cause include Greater Chicago Advanced Manufacturing Partnership NFP ($85k), Preservation and Enhancement Fund of Mount Olivet Cemetery Inc ($86k) and Humble Lions Club Charities Inc ($85k).

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 $149k against liabilities of $0, net assets of $149k.