Cleveland/Bradley Chamber Foundation

Analysis

Cleveland/Bradley Chamber Foundation is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in November 1975, 51 years ago. 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, Cleveland/Bradley Chamber Foundation reported income of $200k and spending of $153k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $452k to $200k (-56%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cleveland/Bradley Chamber Foundation sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Little League Baseball Inc ($200k), Gallatin Historical Society ($200k) and Society of Systematic Biologists ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $972k against liabilities of $0, net assets of $972k.