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Massachusetts · Nonprofit

GREATER BOSTON CHAMBER OF COMMERCE

GREATER BOSTON CHAMBER OF COMMERCE (Massachusetts) receives grants from 11 organizations whose IRS filings report $1,149,915 to it, the largest being FOUNDATION FOR BUSINESS EQUITY INC ($450,000). 8 of them have funded it in more than one year.

Revenue FY2024
$9.5M
Funders on record
11
Grants received
$1.1M
Net assets
$6.5M
8/11 repeat funderspeak grant-dependency 3%
01What it does

What Greater Boston Chamber of Commerce does

Mission

To improve the business, social and civic environment of the greater boston area and to become the leading representative in the boston area in the consideration of local, state and national issues.

As stated on its FY2024 Form 990.

Program

  1. Promote better economic conditions, strategic networking and leadership development within the greater boston area.

The program described on its FY2024 Form 990.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($7.5M) Expenses 100 ($7.9M) Net assets 100 ($3.9M)2018 Revenue 106 ($7.9M) Expenses 95 ($7.6M) Net assets 92 ($3.6M)2019 Revenue 119 ($9.0M) Expenses 102 ($8.1M) Net assets 126 ($4.9M)2020 Revenue 96 ($7.2M) Expenses 80 ($6.4M) Net assets 160 ($6.3M)2021 Revenue 97 ($7.3M) Expenses 79 ($6.3M) Net assets 195 ($7.7M)2022 Revenue 111 ($8.4M) Expenses 102 ($8.1M) Net assets 170 ($6.7M)2023 Revenue 105 ($7.9M) Expenses 118 ($9.4M) Net assets 145 ($5.7M)2024 Revenue 127 ($9.5M) Expenses 108 ($8.6M) Net assets 167 ($6.5M)
'17'18'19'20'21'22'23'24
Revenue (127)Expenses (108)Net assets (167)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $9.0M to $11M (+24%).

$7.6M
$7.2M
$8.4M
$9.0M
$11M
$13M
$11M
$11M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 7% · 2024 6%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−$421k
’17
$388k
’18
$894k
’19
$840k
’20
$977k
’21
$292k
’22
−$1.5M
’23
$989k
’24
3.0
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.

Board chair

Corey Thomas

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed130128146163158151127128
Joined·+25+32+38+21+18+22+25
No longer listed·27142126254624
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 3 funders, grant income rose $80k → $121k.

1 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $649k from 7 payers (the payer shares this organization's board, largest Greater Boston Chamber of Commerce Foundationinc(Fka Greater Boston Corp)). These are real filings, and they are not money GREATER BOSTON CHAMBER OF COMMERCE raised.

From the IRS filings of GREATER BOSTON 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

GREATER BOSTON CHAMBER OF COMMERCE leans on a few funders — its largest provides 39% of grant income and the top three 77%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

28% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GREATER BOSTON CHAMBER OF COMMERCE.

39%
largest funder
77%
top three
~4
effective funders

Largest funder’s share by year: 2017 87% · 2018 86% · 2019 65% · 2020 86% · 2021 71% · 2022 83% · 2023 83% — diversifying over time.

“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.

How long its funders stay

14% of GREATER BOSTON CHAMBER OF COMMERCE's funders are still giving 3 years after their first grant; 73% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

67% of GREATER BOSTON CHAMBER OF COMMERCE's grant income comes from Massachusetts funders.

MA
NC
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $51k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

Government funding GREATER BOSTON CHAMBER OF COMMERCE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $123k on record.

State$123k
17
18
19
20
21
22
23
24
25
Top programs
  • (EE) ADMINISTRATIVE EXPENSES$123k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like GREATER BOSTON 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 Massachusetts

Nationally

05Profile & governance

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

Governance

30
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • The Greater Boston Chamber of Commerce Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GREATER BOSTON 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 GREATER BOSTON CHAMBER OF COMMERCE?
GREATER BOSTON CHAMBER OF COMMERCE (Massachusetts) receives grants from 11 organizations whose IRS filings report $1,149,915 to it, the largest being FOUNDATION FOR BUSINESS EQUITY INC ($450,000). 8 of them have funded it in more than one year.
How many funders does GREATER BOSTON CHAMBER OF COMMERCE have?
IRS filings report 11 organizations giving $1,149,915 in grants to GREATER BOSTON CHAMBER OF COMMERCE, 8 of which have funded it in more than one year.
Who is the largest funder of GREATER BOSTON CHAMBER OF COMMERCE?
FOUNDATION FOR BUSINESS EQUITY INC is the largest funder on record, with $450,000 in grants. The full list of funders is on this page.
How can an organization like GREATER BOSTON CHAMBER OF COMMERCE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 FY2024 (financials across 2017–2024), and the filings of 11 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