Capitol Hill Chamber Of Commerce
Capitol Hill Chamber Of Commerce faces declining revenue and consistent operating deficits.
EIN: 208169460 · Seattle, WA · NTEE: C30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $188K |
| Total Expenses | $213K |
| Program Spending | 70% |
| Net Assets | $24K |
| Transparency Score | 55/100 |
Is Capitol Hill Chamber Of Commerce Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capitol Hill Chamber Of Commerce directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Capitol Hill Chamber Of Commerce
Capitol Hill Chamber Of Commerce (EIN: 208169460) is a nonprofit organization based in Seattle, WA, classified under NTEE code C30. The organization reported total revenue of $188K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capitol Hill Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capitol Hill Chamber Of Commerce is a small nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2010–2018). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $188K |
| Total Expenses | $213K |
| Surplus / Deficit | $-24,825 |
| Total Assets | $29K |
| Total Liabilities | $5K |
| Net Assets | $24K |
| Operating Margin | -13.2% |
| Debt-to-Asset Ratio | 18.7% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2018, Capitol Hill Chamber Of Commerce reported a deficit of $25K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 18.7% (very low leverage).
Financial Trends
Over 9 years of filings (2010–2018), Capitol Hill Chamber Of Commerce's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -20.7% | -27.3% | -44.6% |
| 2017 | -17.4% | +5.7% | -61.5% |
| 2016 | -23.1% | -24.9% | +18.3% |
| 2015 | -12.5% | -12.7% | -5.9% |
| 2014 | +7.6% | +10.9% | +25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Capitol Hill Chamber Of Commerce with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Capitol Hill Chamber Of Commerce allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.7%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers received compensation from the organization. This is a positive sign for resource allocation, especially for an organization of its size with declining revenues.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Capitol Hill Chamber Of Commerce's IRS 990 filings:
- Consistent operating deficits (e.g., $24,825 in 2018, $55,632 in 2017)
- Significant decline in total assets (from $136,988 in 2016 to $29,226 in 2018)
- Steadily decreasing revenue over the past several years (from $426,427 in 2014 to $187,914 in 2018)
Strengths
The following positive indicators were identified for Capitol Hill Chamber Of Commerce:
- No officer compensation reported, indicating efficient use of funds for leadership costs.
- Long filing history (9 filings), suggesting consistent reporting.
Frequently Asked Questions about Capitol Hill Chamber Of Commerce
Is Capitol Hill Chamber Of Commerce a legitimate charity?
Capitol Hill Chamber Of Commerce (EIN: 208169460) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 55/100. It has 9 years of IRS 990 filings on record. Total revenue: $188K. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Capitol Hill Chamber Of Commerce spend its money?
Capitol Hill Chamber Of Commerce directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Capitol Hill Chamber Of Commerce tax-deductible?
Capitol Hill Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 208169460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Capitol Hill Chamber Of Commerce's spending goes to programs?
Capitol Hill Chamber Of Commerce directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Capitol Hill Chamber Of Commerce compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Capitol Hill Chamber Of Commerce is near average for NTEE category C30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Capitol Hill Chamber Of Commerce located?
Capitol Hill Chamber Of Commerce is headquartered in Seattle, Washington and files with the IRS under EIN 208169460. It is classified under NTEE code C30.
How many years of IRS 990 filings does Capitol Hill Chamber Of Commerce have?
Capitol Hill Chamber Of Commerce has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $188K in total revenue.
Is Capitol Hill Chamber Of Commerce financially stable?
Based on the provided data, the organization is not financially stable. It has experienced consistent operating deficits in recent years (e.g., $24,825 deficit in 2018) and a significant decline in assets from $136,988 in 2016 to $29,226 in 2018.
What caused the significant decline in assets?
The data shows a sharp decline in assets from $136,988 in 2016 to $29,226 in 2018. Without more detailed financial statements, the exact cause cannot be determined, but it likely stems from the sustained operating deficits where expenses exceeded revenues.
How has the organization's revenue trended over time?
The organization's revenue has shown a significant downward trend, peaking at $426,427 in 2014 and steadily decreasing to $187,914 in 2018.
Filing History
IRS 990 filing history for Capitol Hill Chamber Of Commerce showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2010–2018), Capitol Hill Chamber Of Commerce's revenue has declined by 23.5%, moving from $246K to $188K. Total assets decreased by 71.4% over the same period, from $102K to $29K. Total functional expenses fell by 22.2%, from $273K to $213K. In its most recent filing year (2018), Capitol Hill Chamber Of Commerce reported a deficit of $25K, with expenses exceeding revenue. The organization holds $5K in liabilities against $29K in assets (debt-to-asset ratio: 18.7%), resulting in net assets of $24K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $188K | $213K | $29K | $5K | — | View 990 |
| 2017 | $237K | $293K | $53K | $4K | — | View 990 |
| 2016 | $287K | $277K | $137K | $33K | — | View 990 |
| 2015 | $373K | $369K | $116K | $22K | — | View 990 |
| 2014 | $426K | $422K | $123K | $37K | — | View 990 |
| 2013 | $396K | $381K | $98K | $17K | — | View 990 |
| 2012 | $298K | $270K | $77K | $11K | — | View 990 |
| 2011 | $186K | $250K | $42K | $4K | — | View 990 |
| 2010 | $246K | $273K | $102K | $388 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $188K, expenses of $213K, and assets of $29K (revenue -20.7% year-over-year).
- 2017: Revenue of $237K, expenses of $293K, and assets of $53K (revenue -17.4% year-over-year).
- 2016: Revenue of $287K, expenses of $277K, and assets of $137K (revenue -23.1% year-over-year).
- 2015: Revenue of $373K, expenses of $369K, and assets of $116K (revenue -12.5% year-over-year).
- 2014: Revenue of $426K, expenses of $422K, and assets of $123K (revenue +7.6% year-over-year).
- 2013: Revenue of $396K, expenses of $381K, and assets of $98K (revenue +32.9% year-over-year).
- 2012: Revenue of $298K, expenses of $270K, and assets of $77K (revenue +60.2% year-over-year).
- 2011: Revenue of $186K, expenses of $250K, and assets of $42K (revenue -24.3% year-over-year).
- 2010: Revenue of $246K, expenses of $273K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capitol Hill Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Capitol Hill Chamber Of Commerce is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.