Tempe Chamber of Commerce Foundation

Analysis

Tempe Chamber of Commerce Foundation is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover employment, 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 June 2023, Tempe Chamber of Commerce Foundation reported income of $63k and spending of $92k, spending 145% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $96k to $63k (-35%), an average of -35% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 115% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tempe Chamber of Commerce Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within AZ. Charities of a similar size with the same main cause include Honktx ($63k), San Benito County Chamber of Commerce Foundation Inc ($63k) and Fishtown Neighbors Association ($63k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.