Charlotte Chamber Community Foundation Inc

Analysis

Charlotte Chamber Community Foundation Inc is a registered charity in United States, based in Pt Charlotte, FL. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Charlotte Chamber Community Foundation Inc reported income of $94k and spending of $91k, spending 97% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $61k to $94k (+53%), an average of +53% a year. The sharpest change came in the year to September 2023, when income rose by 53%. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charlotte Chamber Community Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Northwoods Foundation ($94k), Catholic Connect Foundation ($94k) and Albany Food and Wine Festival Inc ($94k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.