Chamber Foundation Inc

Analysis

Chamber Foundation Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chamber Foundation Inc reported income of $188k and spending of $194k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $225k to $188k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chamber Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Tomche Shabbos of Middlesex County ($188k), Two Burning Candles ($188k) and Community Outreach Network Services Inc ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. At year end it held assets of $75k against liabilities of $5,000, net assets of $70k.