Blount County Chamber Foundation

Analysis

Blount County Chamber Foundation is a registered charity in United States, based in Maryville, TN. It received its IRS tax-exemption ruling in October 1985, 41 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, Blount County Chamber Foundation reported income of $114k and spending of $114k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $7,679 to $114k (+1384%), an average of +1384% a year. The sharpest change came in the year to December 2023, when income rose by 1384%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blount County Chamber Foundation 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 40th percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Mental Health America of Arizona ($114k), Massachusetts Coalition for Adult Education ($114k) and Amateur Athletic Union of the United States ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $167k against liabilities of $7,980, net assets of $159k.