Howard County Chamber Of Comm
EIN: 237046430 · Columbia, MD
| Metric | Value |
|---|---|
| Total Revenue | $951K |
| Total Expenses | $1.0M |
| Net Assets | $339K |
Is Howard County Chamber Of Comm Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Howard County Chamber Of Comm
Howard County Chamber Of Comm (EIN: 237046430) is a nonprofit organization based in Columbia, MD. The organization reported total revenue of $951K and total assets of $578K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Howard County Chamber Of Comm's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Howard County Chamber Of Comm is a small nonprofit that has been operating for 56 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$13K |
| Total Assets | $764K |
| Total Liabilities | $426K |
| Net Assets | $339K |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 55.7% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2023, Howard County Chamber Of Comm reported a surplus of $13K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 55.7% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Howard County Chamber Of Comm's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.3% | +6.6% | -8.2% |
| 2022 | -7.6% | +17.3% | +27.5% |
| 2021 | +28.1% | +14.9% | +50.9% |
| 2020 | -13.6% | -22.0% | +21.9% |
| 2019 | +5.4% | +3.8% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Howard County Chamber Of Comm has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Howard County Chamber Of Comm with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.7%.
Frequently Asked Questions about Howard County Chamber Of Comm
Is Howard County Chamber Of Comm a legitimate charity?
Howard County Chamber Of Comm (EIN: 237046430) is a registered tax-exempt nonprofit based in Maryland. It has 14 years of IRS 990 filings on record. Total revenue: $951K. No red flags identified. Financial health grade: A.
How does Howard County Chamber Of Comm spend its money?
Howard County Chamber Of Comm reported $951K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Howard County Chamber Of Comm tax-deductible?
Howard County Chamber Of Comm is registered as a tax-exempt nonprofit (EIN: 237046430). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Howard County Chamber Of Comm located?
Howard County Chamber Of Comm is headquartered in Columbia, Maryland and files with the IRS under EIN 237046430.
How many years of IRS 990 filings does Howard County Chamber Of Comm have?
Howard County Chamber Of Comm has 14 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 $951K in total revenue.
Filing History
IRS 990 filing history for Howard County Chamber Of Comm showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Howard County Chamber Of Comm's revenue has grown by 77.7%, moving from $575K to $1.0M. Total assets increased by 283.7% over the same period, from $199K to $764K. Total functional expenses rose by 114.6%, from $470K to $1.0M. In its most recent filing year (2023), Howard County Chamber Of Comm reported a surplus of $13K, with revenue exceeding expenses. The organization holds $426K in liabilities against $764K in assets (debt-to-asset ratio: 55.7%), resulting in net assets of $339K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.0M | $764K | $426K | — | — |
| 2022 | $934K | $946K | $832K | $507K | — | View 990 |
| 2021 | $1.0M | $807K | $653K | $315K | — | View 990 |
| 2020 | $789K | $702K | $432K | $298K | — | View 990 |
| 2019 | $913K | $900K | $355K | $307K | — | — |
| 2018 | $866K | $867K | $344K | $309K | — | View 990 |
| 2017 | $761K | $753K | $292K | $258K | — | — |
| 2016 | $829K | $856K | $267K | $242K | — | View 990 |
| 2015 | $885K | $900K | $293K | $241K | — | View 990 |
| 2014 | $738K | $792K | $312K | $245K | — | View 990 |
| 2013 | $755K | $748K | $342K | $220K | — | View 990 |
| 2012 | $661K | $645K | $348K | $233K | — | View 990 |
| 2011 | $601K | $529K | $303K | $204K | — | View 990 |
| 2010 | $575K | $470K | $199K | $194K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.0M, and assets of $764K (revenue +9.3% year-over-year).
- 2022: Revenue of $934K, expenses of $946K, and assets of $832K (revenue -7.6% year-over-year).
- 2021: Revenue of $1.0M, expenses of $807K, and assets of $653K (revenue +28.1% year-over-year).
- 2020: Revenue of $789K, expenses of $702K, and assets of $432K (revenue -13.6% year-over-year).
- 2019: Revenue of $913K, expenses of $900K, and assets of $355K (revenue +5.4% year-over-year).
- 2018: Revenue of $866K, expenses of $867K, and assets of $344K (revenue +13.8% year-over-year).
- 2017: Revenue of $761K, expenses of $753K, and assets of $292K (revenue -8.2% year-over-year).
- 2016: Revenue of $829K, expenses of $856K, and assets of $267K (revenue -6.3% year-over-year).
- 2015: Revenue of $885K, expenses of $900K, and assets of $293K (revenue +20.0% year-over-year).
- 2014: Revenue of $738K, expenses of $792K, and assets of $312K (revenue -2.3% year-over-year).
- 2013: Revenue of $755K, expenses of $748K, and assets of $342K (revenue +14.2% year-over-year).
- 2012: Revenue of $661K, expenses of $645K, and assets of $348K (revenue +10.0% year-over-year).
- 2011: Revenue of $601K, expenses of $529K, and assets of $303K (revenue +4.6% year-over-year).
- 2010: Revenue of $575K, expenses of $470K, and assets of $199K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Howard County Chamber Of Comm:
Data Sources and Methodology
This transparency report for Howard County Chamber Of Comm 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.