El Paso Chamber of Commerce

Analysis

El Paso Chamber of Commerce is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in March 1983, 43 years ago. 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, El Paso Chamber of Commerce reported income of $825k and spending of $833k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $539k to $825k (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, El Paso Chamber of Commerce sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include The Crisis Center for Domestic Abuse and Sexual Assault ($825k), Toledo Roadrunners Club ($825k) and Wisconsin Philanthropy Network Inc ($825k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 41% of the total. Other salaries and wages came to $77k. At year end it held assets of $3.2m against liabilities of $121k, net assets of $3.0m.