Lexington-rockbridge County Chamber of Commerce Inc
501(c)(6)
Only null% goes to programs
Lexington-rockbridge County Chamber of Commerce Inc is a 501(c)(6) organization based in Lexington, Virginia, registered in 1942, with $236,432 in FY2024 revenue. CharityIndex grades it B.
18 E Nelson St Ste 101, Lexington, VA, 24450 EIN 54-0282581 Since 1942
Revenue (FY2024)
$236K
▲ 5.1% vs prior year
Expenses (FY2024)
$251K
Net assets
$32K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Lexington-rockbridge County Chamber of Commerce Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · -6% 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 Lexington-rockbridge County Chamber of Commerce Inc: 2 mo reserves · -6% margin earns a B 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 Lexington-rockbridge County Chamber of Commerce Inc— 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 Lexington-rockbridge County Chamber of Commerce Inc: 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 $184K (FY2013) to $236K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $25KNet assets $32K
Operating margin
-6.3%
Spent more than it raised in the latest fiscal year.
Total assets
$58K
Total liabilities
$25K
Net assets
$32K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $236,432▲5.1% | $251,273▲1.1% | $32,451▼31.4% | $57,585▼25.0% | 990 |
| 2023 | $224,986▲8.5% | $248,609▲12.7% | $47,292▼33.3% | $76,744▼24.2% | 990 |
| 2022 | $207,405▼9.7% | $220,669▲22.5% | $70,915▼15.8% | $101,187▼13.4% | 990 |
| 2021 | $229,694▲19.5% | $180,066▼13.0% | $84,179▲144% | $116,846▲90.4% | 990 |
| 2020 | $192,149▼14.9% | $206,982▼3.9% | $34,551▼30.0% | $61,371▼3.6% | 990 |
| 2019 | $225,919▲8.2% | $215,457▲6.7% | $49,384▲26.9% | $63,643▲28.3% | 990 |
| 2018 | $208,767▲5.0% | $201,879▲4.8% | $38,922▲21.5% | $49,622▼24.2% | 990 |
| 2017 | $198,785▲8.5% | $192,591▼12.9% | $32,034▲24.0% | $65,434▲10.2% | 990 |
| 2016 | $183,281▼8.1% | $221,125▲7.1% | $25,840▼59.4% | $59,370▼46.5% | 990 |
| 2015 | $199,452▲18.7% | $206,402▼25.5% | $63,684▼9.8% | $110,984▼28.2% | 990 |
| 2014 | $168,071▼8.8% | $277,108▲39.0% | $70,634▼60.7% | $154,654▼22.8% | 990 |
| 2013 | $184,296 | $199,420▼14.7% | $179,671▼7.8% | $200,212▼10.2% | 990 |
| 2012 | — | $233,680▲1.6% | $194,795▼7.8% | $222,938▼6.4% | 990 |
| 2011 | — | $230,067▲7.1% | $211,193▼5.8% | $238,223▼3.8% | 990 |
| 2010 | — | $214,803 | $224,289 | $247,621 | 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.
Grants received · $5,195 total
1 grant to Lexington-rockbridge County Chamber of Commerce Inc totaling $5,195, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Carilion Rockbridge Community Hospital | General support | 2015 | $5,195 |
Frequently asked questions
- Is Lexington-rockbridge County Chamber of Commerce Inc a legitimate nonprofit?
- Yes. Lexington-rockbridge County Chamber of Commerce Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 54-0282581, based in Lexington, Virginia.
- What is Lexington-rockbridge County Chamber of Commerce Inc's EIN?
- Lexington-rockbridge County Chamber of Commerce Inc's Employer Identification Number (EIN) is 54-0282581.
- How much revenue does Lexington-rockbridge County Chamber of Commerce Inc report?
- Lexington-rockbridge County Chamber of Commerce Inc reported $236,432 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lexington-rockbridge County Chamber of Commerce Inc have?
- CharityIndex grades Lexington-rockbridge County Chamber of Commerce Inc B, based on financial health (reserves and operating margin).
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Data for Lexington-rockbridge County Chamber of Commerce Inc (EIN 54-0282581) 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.