Walton County Chamber of Commerce Foundation Inc

Analysis

Walton County Chamber of Commerce Foundation Inc is a registered charity in United States, based in Santa Rsa BCH, FL. It received its IRS tax-exemption ruling in August 1999, 27 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 2022, Walton County Chamber of Commerce Foundation Inc reported income of $134k and spending of $96k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $97k to $134k (+38%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walton County Chamber of Commerce Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include George Washington Carver Museum and Cultural Center ($134k), Leadership Stockton Alumni Association ($134k) and Will Rogers High School Community Foundation ($134k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 29% and program service revenue 22% of the total. Other salaries and wages came to $40k. At year end it held assets of $380k against liabilities of $215k, net assets of $165k.