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North Carolina · Nonprofit

BOONE AREA CHAMBER OF COMMERCE

BOONE AREA CHAMBER OF COMMERCE (North Carolina) receives grants from 3 organizations whose IRS filings report $285,000 to it, the largest being THE DUKE ENDOWMENT ($250,000). 1 of them have funded it in more than one year.

Revenue FY2025
$864k
Funders on record
3
Grants received
$285k
Net assets
$313k
1/3 repeat funders
01What it does

What Boone Area Chamber of Commerce does

Mission

To advance economic prosperity and to encourage public/private cooperation that will broaden the economic base and enhance the quality of life in the local community.

As stated on its FY2025 Form 990.

Programs

  1. Watauga leadership: to implement a leadership development program designed to meet the high countrys need for the active participation of informed and educated leaders. Program service is accomplished by 1)identifying potential leaders and providing them with the resources needed to spur local action and involvement 2)providing participants of the program with opportunities to apply their talents throughout the community and 3)use resources to continue to design and evolve the program.

    $25,507 spent$19,930 earned by the program
    3% of program spending
  2. Membership services: to promote the benefits of chamber membership throughout the business and professional community. This is accomplished by developing and implementing a comprehensive ongoing membership program with the goal of building awareness, educating, and motivating for the purpose of recruiting and retaining members.

    $33,786 spent$47,157 earned by the program
    4% of program spending
  3. Business development: to use member expertise and resources in the support of existing business growth and prosperity and to assist entreprenuers and companies seeking to expand/relocate to the high country. Program service is accomplished by 1)initiating programs and services targeted to the advancement of small business 2)participating in community-based business councils to provide value-added local services 3)acting as a referral/distribution/communication source of business-beneficial information 4)partnering with tourism promotion organizations in the development of the high country as a major tourist destination and 5) parterning with local regional workforce development organizations.

    $73,216 spent$80,245 earned by the program
    10% of program spending
  4. 619703. 677311.

    $619,703 spent$677,311 earned by the program
    82% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $752,212.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($492k) Expenses 100 ($437k) Net assets 100 ($339k)2022 Revenue 125 ($616k) Expenses 119 ($519k) Net assets 136 ($460k)2023 Revenue 114 ($559k) Expenses 145 ($634k) Net assets 111 ($376k)2024 Revenue 137 ($675k) Expenses 170 ($745k) Net assets 90 ($306k)2025 Revenue 176 ($864k) Expenses 196 ($857k) Net assets 92 ($313k)
20212022202320242025
Revenue (176)Expenses (196)Net assets (92)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $461k to $378k (−18%).

$390k
$461k
$378k
$329k
$328k
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 22% · 2022 9% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of BOONE AREA CHAMBER OF COMMERCE’s revenue is contributions — more earned-revenue than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$54k
’21
$97k
’22
−$76k
’23
−$70k
’24
$7k
’25
1.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

David Jackson

President & CEO

As listed on its FY2025 Form 990.

20212022202320242025
Listed2823272728
Joined·+7+17+1+3
No longer listed·121312
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

From the IRS filings of BOONE AREA CHAMBER OF COMMERCE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BOONE AREA CHAMBER OF COMMERCE leans on a few funders — its largest provides 88% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

88%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of BOONE AREA CHAMBER OF COMMERCE's grant income comes from North Carolina funders.

NC

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BOONE AREA CHAMBER OF COMMERCE has grown faster than half of the 7,175 community improvement nonprofits its size.

Operating margin1% · below the median
Months of reserve1.4mo · bottom quartile
Revenue growth (annualized)15% · above the median

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like BOONE AREA CHAMBER OF COMMERCE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 9%Fundraising 3%

Governance

26
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Boone Area Sports Commission Inc · exempt
  • Boone Area Chamber of Commerce Economic Development Commission Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BOONE AREA CHAMBER OF COMMERCE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BOONE AREA CHAMBER OF COMMERCE?
BOONE AREA CHAMBER OF COMMERCE (North Carolina) receives grants from 3 organizations whose IRS filings report $285,000 to it, the largest being THE DUKE ENDOWMENT ($250,000). 1 of them have funded it in more than one year.
How many funders does BOONE AREA CHAMBER OF COMMERCE have?
IRS filings report 3 organizations giving $285,000 in grants to BOONE AREA CHAMBER OF COMMERCE, 1 of which have funded it in more than one year.
Who is the largest funder of BOONE AREA CHAMBER OF COMMERCE?
THE DUKE ENDOWMENT is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
How can an organization like BOONE AREA CHAMBER OF COMMERCE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing