Bronx Chamber of Commerce Foundation Inc

Analysis

Bronx Chamber of Commerce Foundation Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bronx Chamber of Commerce Foundation Inc reported income of $134k and spending of $75k, leaving 44% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $72k to $134k (+86%), an average of +86% a year. The sharpest change came in the year to June 2024, when income rose by 86%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bronx Chamber of Commerce Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Rotary Club of Daniel Island Foundation ($134k), Vestavia Hills Parent Teacher Organization Inc ($134k) and Kumeyaay Elementary School Foundation ($134k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 104% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.