Cleburne Chamber of Commerce Foundation

Analysis

Cleburne Chamber of Commerce Foundation is a registered charity in United States, based in Cleburne, TX. It received its IRS tax-exemption ruling in October 2001, 25 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 December 2023, Cleburne Chamber of Commerce Foundation reported income of $62k and spending of $32k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $62k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cleburne Chamber of Commerce Foundation sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include American Friends of the College of Management Inc ($62k), Whatcom County Dairy Women ($62k) and Paul Davis Charitable Fund Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 153% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.