Foundation for Chamber Economic Partnership

Analysis

Foundation for Chamber Economic Partnership is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Foundation for Chamber Economic Partnership reported income of $298k and spending of $274k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $299k to $298k (-0.2%), an average of -0.2% a year. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundation for Chamber Economic Partnership sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Our Fathers Arms Inc ($298k), A Faith That Does Justice ($298k) and Front Royal Pregnancy Center Inc ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $465k against liabilities of $115k, net assets of $350k.