Chamber of Business & Industry of Centre County is a 501(c)(6) organization based in State College, Pennsylvania, registered in 2001, with $1,368,130 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.4M
▲ 69.6% vs prior year
Community median: $184K
Expenses (FY2023)
$981K
Net assets
$3.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Chamber of Business & Industry of Centre County— 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 Chamber of Business & Industry of Centre County: 42 mo reserves · +28% margin earns a A 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 Chamber of Business & Industry of Centre County— 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 Chamber of Business & Industry of Centre County: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue held steady from $1.3M (FY2013) to $1.4M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
28.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.5M
Total liabilities
$1.0M
Net assets
$3.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,368,130▲69.6% | $981,198▲29.2% | $3,461,995▲24.0% | $4,508,609▲23.8% | 990 |
| 2022 | $806,851▲7.5% | $759,579▼5.4% | $2,791,900▼8.8% | $3,642,903▼12.0% | 990 |
| 2021 | $750,853▼30.0% | $802,527▼8.0% | $3,060,175▲3.1% | $4,141,588▲8.5% | 990 |
| 2020 | $1,072,140▲23.3% | $872,521▼16.7% | $2,967,801▲7.2% | $3,817,769▼0.1% | 990 |
| 2019 | $869,201▲9.1% | $1,047,476▲0.6% | $2,768,182▼6.1% | $3,820,531▼10.1% | 990 |
| 2018 | $797,021▼10.7% | $1,041,040▲1.2% | $2,946,457▼7.6% | $4,249,143▼7.5% | 990 |
| 2017 | $892,306▲5.5% | $1,028,578▼8.6% | $3,190,476▼4.1% | $4,592,544▼3.3% | 990 |
| 2016 | $845,549▼17.6% | $1,125,034▼21.8% | $3,326,748▼7.8% | $4,746,990▼23.3% | 990 |
| 2015 | $1,026,659▼6.4% | $1,438,384▲12.7% | $3,606,233▼11.1% | $6,191,296▼31.8% | 990 |
| 2014 | $1,096,911▼18.5% | $1,276,640▼8.4% | $4,055,592▼5.4% | $9,073,555▼27.4% | 990 |
| 2013 | $1,346,650 | $1,393,868▼19.8% | $4,287,590▼22.9% | $12,493,109▼28.6% | 990 |
| 2012 | — | $1,738,918▼70.9% | $5,558,505▼11.8% | $17,501,154▼14.1% | 990 |
| 2011 | — | $5,974,409▲310% | $6,302,995▼44.8% | $20,367,604▼22.8% | 990 |
| 2010 | — | $1,458,189 | $11,409,228 | $26,375,914 | 990 |
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.
Explore more
Data for Chamber of Business & Industry of Centre County (EIN 25-1196048) 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.