Greater Shreveport Chamber Foundation

Analysis

Greater Shreveport Chamber Foundation is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Shreveport Chamber Foundation reported income of $796k and spending of $267k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $796k (+1075%), an average of +1075% a year. The sharpest change came in the year to December 2023, when income rose by 1075%. Over the whole period it spent 36% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Shreveport Chamber Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within LA. Charities of a similar size with the same main cause include Homes on the Hill Community Development Corporation ($796k), Sustainable Muncie Corp ($796k) and Teamsters National Pipe Line Training Fund ($796k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.1% of the total. At year end it held assets of $647k against liabilities of $4,201, net assets of $643k.