Glasgow-barren County Chamber of Commerce
501(c)(6)
Only null% goes to programs Growing revenue
Glasgow-barren County Chamber of Commerce is a 501(c)(6) organization based in Glasgow, Kentucky, registered in 1961, with $593,557 in FY2024 revenue. CharityIndex grades it B.
126 E Public Square 101, Glasgow, KY, 42141 EIN 61-0203925 Since 1961
Revenue (FY2024)
$594K
▼ 0.9% vs prior year
Expenses (FY2024)
$573K
Net assets
$253K
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 Glasgow-barren County Chamber of Commerce— 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 rating5 mo reserves · +3% 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 Glasgow-barren County Chamber of Commerce: 5 mo reserves · +3% 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 Glasgow-barren County Chamber of Commerce— 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 Glasgow-barren County Chamber of Commerce: 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 $295K (FY2014) to $594K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $52KNet assets $253K
Operating margin
3.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$305K
Total liabilities
$52K
Net assets
$253K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $593,557▼0.9% | $573,388▲0.7% | $253,363▲8.6% | $305,430▲9.7% | 990 |
| 2023 | $599,130▼10.2% | $569,654▲11.2% | $233,194▲5.8% | $278,515▲7.3% | 990 |
| 2022 | $667,140▲208% | $512,408▲98.0% | $220,407▲236% | $259,464▲207% | 990 |
| 2021 | $216,951▼19.8% | $258,788▲6.1% | $65,675▼34.2% | $84,607▼18.4% | 990 |
| 2020 | $270,366▼0.8% | $243,851▼12.5% | $99,861▲3.0% | $103,733▼3.1% | 990 |
| 2017 | $272,498▼7.7% | $278,584▼7.7% | $96,987▼6.2% | $107,061▼15.8% | 990 |
| 2014 | $295,266 | $301,988 | $103,434 | $127,204 | 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 Glasgow-barren County Chamber of Commerce a legitimate nonprofit?
- Yes. Glasgow-barren County Chamber of Commerce is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 61-0203925, based in Glasgow, Kentucky.
- What is Glasgow-barren County Chamber of Commerce's EIN?
- Glasgow-barren County Chamber of Commerce's Employer Identification Number (EIN) is 61-0203925.
- How much revenue does Glasgow-barren County Chamber of Commerce report?
- Glasgow-barren County Chamber of Commerce reported $593,557 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Glasgow-barren County Chamber of Commerce have?
- CharityIndex grades Glasgow-barren County Chamber of Commerce B, based on financial health (reserves and operating margin).
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Data for Glasgow-barren County Chamber of Commerce (EIN 61-0203925) 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.