Boulder Chamber Foundation

Analysis

Boulder Chamber Foundation is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in April 2019, 7 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 2022, Boulder Chamber Foundation reported income of $362k and spending of $485k, spending 134% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $366k to $362k (-0.9%), an average of -0.9% a year. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Boulder Chamber Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include Main Street Gettysburg Inc ($362k), Main Street Pascagoula ($363k) and Stockton Rotary Emdowment ($362k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $193k. At year end it held assets of $539k against liabilities of $389k, net assets of $150k.