Angelina Chamber of Commerce Foundation

Analysis

Angelina Chamber of Commerce Foundation is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in December 1985, 41 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, Angelina Chamber of Commerce Foundation reported income of $99k and spending of $68k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $70k to $99k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 141% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Angelina Chamber of Commerce Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Hawaii United Okinawa Association ($99k), Miami Little Theater ($99k) and Tacoma-Pierce County Crime Stoppers Program ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 60% of the total. Other salaries and wages came to $14k. At year end it held assets of $393k against liabilities of $0, net assets of $393k.