Bayonne Chamber of Commerce & Tax Research Council is a 501(c)(6) organization based in Bayonne, New Jersey, registered in 1996, with $27,867 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$28K
▼ 50.8% vs prior year
Expenses (FY2024)
$20K
Net assets
$124K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bayonne Chamber of Commerce & Tax Research Council— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bayonne Chamber of Commerce & Tax Research Council: 76 mo reserves · +29% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bayonne Chamber of Commerce & Tax Research Council— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bayonne Chamber of Commerce & Tax Research Council: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $4,575 (FY2021) to $28K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
29.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$124K
Net assets
$124K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,867▼50.8% | $19,675▲76.0% | $124,009▲7.1% | $124,009▲7.1% | 990EZ |
| 2023 | $56,598▲70.1% | $11,181▼32.1% | $115,817▲64.5% | $115,817▲64.5% | 990EZ |
| 2022 | $33,281▲627% | $16,459▼21.9% | $70,400▲32.1% | $70,400▲32.1% | 990EZ |
| 2021 | $4,575 | $21,077 | $53,278 | $53,278 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Bayonne Chamber of Commerce & Tax Research Council (EIN 22-1557665) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.