Greater Tampa Chamber of Commerce Foundation Inc

Analysis

Greater Tampa Chamber of Commerce Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 1998, 28 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, Greater Tampa Chamber of Commerce Foundation Inc reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $675k to $1.1m (+66%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Tampa Chamber of Commerce Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Friends of Falun Gong ($1.1m), Project TF ($1.1m) and Virginiafirst ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $460k (44% of expenses). Other salaries and wages came to $27k. At year end it held assets of $2.4m against liabilities of $1.2m, net assets of $1.1m.