Desoto County Chamber of Commerce Foundation Inc

Analysis

Desoto County Chamber of Commerce Foundation Inc is a registered charity in United States, based in Arcadia, FL. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Desoto County Chamber of Commerce Foundation Inc reported income of $91k and spending of $30k, leaving 67% of income unspent that year. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Desoto County Chamber of Commerce Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Alder Creek Pioneer Association ($91k), Henderson Civic Theatre Inc ($91k) and Beaumont Community Players Inc ($91k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.