County of San Diego Black Chamber of Commerce

Analysis

County of San Diego Black Chamber of Commerce is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, County of San Diego Black Chamber of Commerce reported income of $2.4m and spending of $831k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $2.4m (+2214%), an average of +119% a year. The sharpest change came in the year to December 2020, when income rose by 517%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, County of San Diego Black Chamber of Commerce sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Lamplighter School Inc ($2.4m), Mississippi Bar Foundation Inc ($2.4m) and Eagles View Academy Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $200k (24% of expenses). At year end it held assets of $2.6m against liabilities of $93k, net assets of $2.5m.