Philanthropy & Grantmaking
(T30)
990 on File
MYRTLE BEACH AREA CHAMBER OFCOMMERCE EDUCATIONAL FOUNDATION
Financial strength (30%)
87/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$103K
Total Revenue
$35K
Total Expenses
$246K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.2%
Fundraising Efficiency
N/A
Operating Reserve
83.55x
Liability-to-Asset
0.0%
Revenue Diversification
86.4%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 21,182 similar organizations
(United States, Philanthropy & Grantmaking, under $100K in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.2% | 86.8% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
83.6 mo | 122.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
86.4% | 94.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
419.7% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-21.5% | 0.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
65.7% | 7.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $103K | $35K | $246K | 89.2% | — |
| 2023 | $20K | $45K | $174K | 94.2% | — |
| 2022 | $25K | $42K | $183K | 90.5% | — |
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