Small Public Charity

AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION

AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION, of PHILADELPHIA, PA, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $138K in revenue, $125K in expenses, $113K in total assets. 2 publicly reported grants to this organization, totaling roughly $52K, appear in IRS filings.

EIN: 203535639 PHILADELPHIA, PA Latest filing: 2024
Total Revenue$138K
Total Expenses$125K
Total Assets$113K
Grant Records2
Funding Total$52K
Filing Years2021–2024

Mission

THE PRIMARY PURPOSE OF THE FOUNDATION IS TO UPLIFT AND IMPROVE THE ECONOMIC CONDITION OF LOW WEALTH IN MINORITY COMMUNITIES IN THE REGION. THE FOUNDATION WILL PROVIDE TOOLS WITH WHICH THESE COMMUNITIES CAN LEARN SKILLS, BECOME ENTREPRENEURS AND BUSINESS OWNERS, THEREBY BECOMING SELF- SUFFICIENT EMPLOYEES AS WELL AS EMPLOYERS WHO, IN TURN, WILL DEVELOP OPPORTUNITIES FOR OTHERS IN THAT SAME COMMUNITY.

Sample Grants Received

2022
2022 ANNUAL MEETING & AWARDS CEREMONY
$10,000
2020
COVID-19 RELIEF EFFORT, 27TH ANNUAL MEETING AND AWARDS CEREMONY
$42,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

EXECUTIVE DI Krishna Narine

Officer compensation and complete director data available with membership.

Top Grant Purposes

COVID-19 RELIEF EFFORT, 27TH ANNUAL MEETING AND AWARDS CEREMONY
$42,000 1 grant
2022 ANNUAL MEETING & AWARDS CEREMONY
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $138K $125K $113K
2023 $161K $213K $100K
2022 $134K $65K $152K
2021 $28K $55K $81K

Between 2021 and 2024, reported annual revenue grew from $28K to $138K (+396%), with total assets most recently reported at $113K.

Interactive year-over-year charts and full filing details available with membership.

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