Del Rio Chamber Foundation

Analysis

Del Rio Chamber Foundation is a registered charity in United States, based in Del Rio, TX. It received its IRS tax-exemption ruling in May 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 2023, Del Rio Chamber Foundation reported income of $89k and spending of $85k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $89k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Del Rio Chamber Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Corinth Junior Auxiliary Inc ($89k), Windom Community Council ($89k) and South Jersey Resource Conservation and Development Council Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.