Nacogdoches County Chamber Foundation Inc

Analysis

Nacogdoches County Chamber Foundation Inc is a registered charity in United States, based in Nacogdoches, TX. It received its IRS tax-exemption ruling in October 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 (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, Nacogdoches County Chamber Foundation Inc reported income of $95k and spending of $111k, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $17k to $95k (+445%), an average of +40% a year. The sharpest change came in the year to December 2019, when income rose by 587%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nacogdoches County Chamber Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Lakeshore Legacy Project Inc ($95k), Hawaii Intergenerational Network ($95k) and Harvest House Ministries ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $364k against liabilities of $73k, net assets of $291k.