Pasadena Chamber of Commerce Foundation

Analysis

Pasadena Chamber of Commerce Foundation is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2024, Pasadena Chamber of Commerce Foundation reported income of $55k and spending of $95k, spending 172% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $66k to $55k (-17%), an average of -17% a year. The sharpest change came in the year to June 2024, when income dropped by 17%. Over the whole period it spent 128% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pasadena Chamber of Commerce Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Chino Police Officers Foundation ($55k), Port Youth & Recreation Foundation ($55k) and I-Can Youth Foundation Corporation ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.