Charity Search / VIRGINIA BLACK CHAMBER OF COMMERCE FOUNDATION
Community Improvement (S30) IRS Verified DX Registered

VIRGINIA BLACK CHAMBER OF COMMERCE FOUNDATION

EIN: 85-0797003 · FREDERICKSBURG, VA 22401 · United States · FY 2023 Data
5 out of 5
VIRGINIA BLACK CHAMBER OF COMMERCE FOUNDATION logo
CharityAI™ Score
Not yet evaluated
Mission Statement

To increase small business growth while fostering an inclusive environment for all entrepreneurs to thrive.

Financial Overview — FY 2023
$293K
Total Revenue
$348K
Total Expenses
N/A
Net Assets
5
Employees
Expense Breakdown
Program Expense Ratio N/A
Fundraising Efficiency N/A
Operating Reserve N/A
Liability-to-Asset N/A
Revenue Diversification N/A
Executive Compensation $94K
Impact
3 programs
Outcome / Program People Served Cost / Service # Completed Duration
Youth Scholarships 10 $1,000.00 Lifetime
increased business growth, economic advancement, leadership and professional development 1,000 $500.00 Per Year
connected businesses, providing essential resources, and increased economic growth 5,029 $500.00 Lifetime
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $293K $348K N/A 5
2022 $218K $268K N/A 0
2021 $145K $159K N/A 1
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Organization Details
EIN
85-0797003
State
VA
City
FREDERICKSBURG
ZIP
22401
NTEE Code
S30
Category
Community Improvement
Rating
85★
Last Updated
Oct 2025
IRS Ruling Year
2020
Foundation Code
16
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