Bristol Chamber Foundation

Analysis

Bristol Chamber Foundation is a registered charity in United States, based in Bristol, TN. It received its IRS tax-exemption ruling in January 1984, 42 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, Bristol Chamber Foundation reported income of $210k and spending of $189k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $198k to $210k (+5.8%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 161%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bristol Chamber Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include St Elmo Foundation ($210k), Fishinko Payee Services ($210k) and Visit Issaquah ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 36% of the total. Other salaries and wages came to $67k. At year end it held assets of $579k against liabilities of $3,279, net assets of $576k.