BSB Chamber Foundation Inc

Analysis

BSB Chamber Foundation Inc is a registered charity in United States, based in Spring Branch, TX. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, BSB Chamber Foundation Inc reported income of $120k and spending of $106k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $120k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, BSB Chamber Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Marvin Elementary School Foundation ($120k), Starz Children Foundation Inc ($120k) and 2-6 Project Limited ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 54% of the total. At year end it held assets of $37k against liabilities of $7,563, net assets of $29k.