Valrico Fishhawk Chamber Inc

Analysis

Valrico Fishhawk Chamber Inc is a registered charity in United States, based in Valrico, FL. It received its IRS tax-exemption ruling in September 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 October 2023, Valrico Fishhawk Chamber Inc reported income of $104k and spending of $99k, spending 96% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $82k to $104k (+26%), an average of +26% a year. The sharpest change came in the year to October 2023, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Valrico Fishhawk Chamber Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Junior Auxiliary of Laurel Mississippi Inc ($104k), Discover the Delta Foundation ($104k) and Hispanic Association of Atlantic County ($104k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.