Gullah Geechee Chamber Foundation Inc

Analysis

Gullah Geechee Chamber Foundation Inc is a registered charity in United States, based in Georgetown, SC. It received its IRS tax-exemption ruling in November 2020, 6 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, Gullah Geechee Chamber Foundation Inc reported income of $457k and spending of $370k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $386k to $457k (+18%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 220%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gullah Geechee Chamber Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within SC. Charities of a similar size with the same main cause include Red Hat Thrift Store ($457k), Allied Womens Center of San Antonio ($457k) and Darkhorse Benefits Inc ($457k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (13% of expenses). At year end it held assets of $159k against liabilities of $0, net assets of $159k.