SCommunity Improvement & Capacity BuildingEIN: 814279395· Ruling Year: 2017

Greater Reading Chamber And Economic Development Corporation

Reading, Pennsylvania

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$3.0M
Total Revenue
📊
$3.1M
Total Expenses
🏦
$2.3M
Net Assets
📋
$287K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.8%
Year-over-year change (2022 → 2023)
Net Margin
-3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.74
Net assets divided by total expenses
Liabilities-to-Assets
11.0%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$3,035,4857%$3,142,61010%$2,600,0733%
2022$2,843,00112%$2,860,3764%$2,690,976
2021$3,240,63223%$2,985,55411%$2,700,6609%
2020$4,196,31911%$3,365,2094%$2,468,80250%
2019$3,777,71811%$3,514,6537%$1,648,660257%
2018$3,399,96152%$3,271,88046%$462,33028%
2017$2,242,938$2,242,938$360,479

Frequently Asked Questions

What does Greater Reading Chamber And Economic Development Corporation do?

Greater Reading Chamber And Economic Development Corporation is a community improvement & capacity building nonprofit organization based in Pennsylvania. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Greater Reading Chamber And Economic Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Greater Reading Chamber And Economic Development Corporation has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Greater Reading Chamber And Economic Development Corporation generate?

Greater Reading Chamber And Economic Development Corporation reports $3.0M in annual revenue and holds $2.6M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Pennsylvania.