Navarre Beach Area Chamber of Commerce Foundation Inc

Analysis

Navarre Beach Area Chamber of Commerce Foundation Inc is a registered charity in United States, based in Navarre, FL. It received its IRS tax-exemption ruling in May 2003, 23 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, Navarre Beach Area Chamber of Commerce Foundation Inc reported income of $105k and spending of $72k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $105k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Navarre Beach Area Chamber of Commerce Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Forest Avenue Home and School Association ($105k), Towanda Area School District Foundation ($105k) and Imagination Library of Grant County Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.