Turlock Chamber Foundation

Analysis

Turlock Chamber Foundation is a registered charity in United States, based in Turlock, CA. It received its IRS tax-exemption ruling in February 1990, 36 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, Turlock Chamber Foundation reported income of $79k and spending of $75k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $79k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Turlock Chamber Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Bedford Schools Association ($79k), Parent Booster USA Inc ($79k) and The Inhealth Community Wellness Clinic Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $193k against liabilities of $54k, net assets of $140k.