Chamber of Commerce-sylacauga
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Chamber of Commerce-sylacauga is a 501(c)(6) organization based in Sylacauga, Alabama, registered in 1954, with $405,646 in FY2024 revenue. CharityIndex grades it B.
Po Box 185, Sylacauga, AL, 35150 EIN 63-0205572 Since 1954
Revenue (FY2024)
$406K
▲ 2.0% vs prior year
Expenses (FY2024)
$390K
Net assets
$220K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Commerce-sylacauga— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +4% margin
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 Commerce-sylacauga: 7 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Commerce-sylacauga— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Commerce-sylacauga: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $206K (FY2016) to $406K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $18KNet assets $220K
Operating margin
3.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$238K
Total liabilities
$18K
Net assets
$220K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $405,646▲2.0% | $390,237▲1.6% | $220,211▲7.5% | $237,947▲6.4% | 990 |
| 2023 | $397,623▲27.7% | $384,207▲16.9% | $204,802▲7.0% | $223,626▲1.9% | 990 |
| 2022 | $311,342▲13.6% | $328,704▲17.0% | $191,386▼8.3% | $219,512▼7.9% | 990 |
| 2021 | $274,002▲10.8% | $280,911▲24.0% | $208,748▼3.2% | $238,393▲5.1% | 990 |
| 2020 | $247,206▲6.8% | $226,503▼0.5% | $215,657▲11.8% | $226,830▲15.5% | 990 |
| 2019 | $231,409▲23.3% | $227,674▲20.3% | $192,874▲13.0% | $196,403▲13.2% | 990 |
| 2017 | $187,654▼9.0% | $189,294▼9.1% | $170,644▲93.1% | $173,448▼0.6% | 990 |
| 2016 | $206,196 | $208,356 | $88,390 | $174,509 | 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.
Frequently asked questions
- Is Chamber of Commerce-sylacauga a legitimate nonprofit?
- Yes. Chamber of Commerce-sylacauga is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 63-0205572, based in Sylacauga, Alabama.
- What is Chamber of Commerce-sylacauga's EIN?
- Chamber of Commerce-sylacauga's Employer Identification Number (EIN) is 63-0205572.
- How much revenue does Chamber of Commerce-sylacauga report?
- Chamber of Commerce-sylacauga reported $405,646 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Chamber of Commerce-sylacauga have?
- CharityIndex grades Chamber of Commerce-sylacauga B, based on financial health (reserves and operating margin).
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Data for Chamber of Commerce-sylacauga (EIN 63-0205572) 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.