Sacramento Black Chamber of Commerce Foundation Inc

Analysis

Sacramento Black Chamber of Commerce Foundation Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Sacramento Black Chamber of Commerce Foundation Inc reported income of $182k and spending of $250k, spending 137% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $208k to $182k (-12%), an average of -6.3% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sacramento Black Chamber of Commerce Foundation Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Mastermindz Afterschool Enrichment Program ($182k), Seattle Community College Parent Cooperative Preschool ($182k) and San Francisco Rock Project ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $61k against liabilities of $64k, net assets of -$3,158.