Grand Rapids Area Chamber Of Commerce
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,950,226↑7% | $5,221,299↑10% | $10,457,694↑7% | |
| 2022 | $4,611,540↑3% | $4,728,426↑14% | $9,810,663↑105% | — |
| 2021 | $4,480,644 | $4,136,379↑18% | $4,793,267↑7% | — |
| 2020 | $4,485,674↑23% | $3,512,272↓2% | $4,476,208↑51% | — |
| 2019 | $3,652,836↓19% | $3,600,542↓11% | $2,957,382↑2% | — |
| 2018 | $4,489,180↑52% | $4,048,694↑22% | $2,913,123↑25% | — |
| 2017 | $2,948,196↓5% | $3,306,304↑5% | $2,332,709↑19% | — |
| 2016 | $3,089,756↑30% | $3,141,424↑28% | $1,967,007↑8% | — |
| 2015 | $2,378,548↓3% | $2,461,492↑2% | $1,817,010↓4% | — |
| 2014 | $2,452,274 | $2,413,667 | $1,889,483↑1% | — |
| 2013 | $2,440,369↑6% | $2,423,569↑8% | $1,866,769↑9% | — |
| 2012 | $2,298,997↑1% | $2,253,293↓6% | $1,705,416↑11% | — |
| 2011 | $2,273,691 | $2,386,676 | $1,541,514 | — |
Frequently Asked Questions
What does Grand Rapids Area Chamber Of Commerce do?▼
Grand Rapids Area Chamber Of Commerce is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Grand Rapids Area Chamber Of Commerce financially healthy?▼
Based on our 9-metric Financial Health Score model, Grand Rapids Area Chamber Of Commerce has a score of 56/100 (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 Grand Rapids Area Chamber Of Commerce generate?▼
Grand Rapids Area Chamber Of Commerce reports $5.6M in annual revenue and holds $9.9M in total assets, based on IRS filings.
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