Overview

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Est.

2002

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC is a business promotion and community improvement nonprofit focused on educating and enhancing entrepreneurial skills among African-Americans and small businesses to support economic empowerment, development, and education in the community. For filing year 2024, it reported an operating budget of $482.8K and total revenue of $1.2M, with support from funders including COASTAL COMMUNITY FOUNDATION, THE ANDREW W MELLON FOUNDATION, and OPPORTUNITY FINANCE NETWORK.

Mission Statement

THE PURPOSE IS TO EDUCATE AND ENHANCE ENTREPRENURIAL SKILLS OF AFRICAN-AMERICANS AND SMALL BUSINESSES TO IMPROVE THE CONDITIONS IN OUR COMMUNITY THROUGH ECONOMIC EMPOWERMENT, DEVELOPMENT AND EDUCATION.
Revenues
$1.2M
Expenses
$482.8K
Net Income:
+$718.7K
Assets
$5.1M
Liabilities
$3.7M
Net Assets:
+$1.5M
Operating Budget
$482.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$844.5K
Largest grant received
$1.3M
M
Marilyn Harris
Board Member
J
James Simmons MD
Board Member
A
Anthony Dore
Board Member
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  • 8 funders
  • 34 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC’s budget?
In 2024, BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC reported an annual operating budget of around $483 thousand. More detailed financial information is available to registered users.
What causes does BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC support?
BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC supports work in Business promotion and Community improvement.
Where does BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC operate?
BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC is headquartered in Beaufort, SC.
Who funded BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC recently?
In 2024, BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC received grants from COASTAL COMMUNITY FOUNDATION, THE ANDREW W MELLON FOUNDATION, and OPPORTUNITY FINANCE NETWORK. More information on this organization’s funders is available to registered users.
What is the largest grant BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC received in 2024?
The largest grant to BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC in 2024 exceeds $1.3 million.
What is BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC’s reliance on government grants?
BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC relied on government grants for more than 10% of their total revenue in 2024.