Henderson Chamber of Commerce Foundation Inc

Analysis

Henderson Chamber of Commerce Foundation Inc is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in January 1997, 29 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 June 2023, Henderson Chamber of Commerce Foundation Inc reported income of $405k and spending of $412k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $337k to $405k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2023, when income rose by 141%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Henderson Chamber of Commerce Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within NV. Charities of a similar size with the same main cause include Kalona Historical Society ($405k), Ruskin Group Theatre Company ($406k) and Oahu Hawaiian Canoe Racing Association Hawaii ($405k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. At year end it held assets of $506k against liabilities of $133k, net assets of $373k.