United Corpus Christi Chamber Foundation

Analysis

United Corpus Christi Chamber Foundation is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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, United Corpus Christi Chamber Foundation reported income of $380k and spending of $313k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $380k (+42%), an average of +9.3% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Corpus Christi Chamber Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include The Chamber Orchestra of the Springs ($380k), The Lansdowne Fire Company ($380k) and St Luke Knolls Incorporated ($380k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $327k against liabilities of $24k, net assets of $303k.