Alameda Chamber Foundation

Analysis

Alameda Chamber Foundation is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Alameda Chamber Foundation reported income of $51k and spending of $34k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $51k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alameda Chamber Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include National Federation of the Blind of Minnesota Inc ($51k), Womens Auxiliary of Sunnyview Hospital and Rehabilitation Center ($51k) and PTA Texas Congress ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.