Greater Stillwater Chamber Foundation

Analysis

Greater Stillwater Chamber Foundation is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Stillwater Chamber Foundation reported income of $144k and spending of $239k, spending 166% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $144k (+126%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Stillwater Chamber Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Mankato Area Arts Council ($144k), California Federation of Womens Clubs ($144k) and New Mexico Public Health Association ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 48% of the total. At year end it held assets of $78k against liabilities of $155k, net assets of -$77k.