Virginia Peninsula Chamber Foundation Inc

Analysis

Virginia Peninsula Chamber Foundation Inc is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Virginia Peninsula Chamber Foundation Inc reported income of $134k and spending of $13k, leaving 90% of income unspent that year. Over the whole period it spent 10% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Peninsula Chamber Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Dharma Seed Tape Library Inc ($134k), Care Providers of Minnesota Foundation Inc ($134k) and PTA California Congress of Parents Teachers & Students Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $148k against liabilities of $28k, net assets of $121k.