Laurens County Chamber of Commerce Foundation Inc

Analysis

Laurens County Chamber of Commerce Foundation Inc is a registered charity in United States, based in Clinton, SC. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2024, Laurens County Chamber of Commerce Foundation Inc reported income of $158k and spending of $170k, spending 107% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $40k to $158k (+300%), an average of +100% a year. The sharpest change came in the year to June 2023, when income rose by 814%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Laurens County Chamber of Commerce Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 54th percentile within SC. Charities of a similar size with the same main cause include Congregation Yeshivas Lomza ($158k), Research-Aid Networks ($158k) and International College of Dentists Global Visionary Fund ($158k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $249k against liabilities of $0, net assets of $249k. It reported 1 employees.