Pasadena Junior Chamber of Commerce Foundation

Analysis

Pasadena Junior Chamber of Commerce Foundation is a registered charity in United States, based in S Pasadena, CA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Pasadena Junior Chamber of Commerce Foundation reported income of $96k and spending of $23k, leaving 76% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $21k to $96k (+349%), an average of +348% a year. The sharpest change came in the year to September 2023, when income rose by 349%. Over the whole period it spent 33% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pasadena Junior Chamber of Commerce Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include TLV Charities ($96k), Santa Monica Rotary Club Foundation ($96k) and Tipton County Economic Development Foundation Inc ($96k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.