The Delaware State Chamber Foundation

Analysis

The Delaware State Chamber Foundation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in August 1999, 27 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, The Delaware State Chamber Foundation reported income of $147k and spending of $126k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $147k (+101%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 498%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Delaware State Chamber Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 41st percentile within DE. Charities of a similar size with the same main cause include Sunflower Learning ($147k), Terre Haute South Vigo High School Band Boosters Inc ($147k) and Kansas Association for Career and Technical Education ($147k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $83k. At year end it held assets of $210k against liabilities of $117k, net assets of $94k.