San Benito County Chamber of Commerce Foundation Inc

Analysis

San Benito County Chamber of Commerce Foundation Inc is a registered charity in United States, based in Hollister, CA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, San Benito County Chamber of Commerce Foundation Inc reported income of $63k and spending of $111k, spending 175% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $63k (-63%), an average of -63% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, San Benito County Chamber of Commerce Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Tempe Chamber of Commerce Foundation ($63k), Hodgeman County Economic Development Inc ($63k) and Honktx ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.