North Carolina · Nonprofit
HOLLY SPRINGS CHAMBER OF COMMERCE INC
HOLLY SPRINGS CHAMBER OF COMMERCE INC (North Carolina) receives grants from 2 organizations whose IRS filings report $49,495 to it, the largest being DUKE ENERGY FOUNDATION ($25,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $394k
- Funders on record
- 2
- Grants received
- $49k
- Net assets
- $353k
What Holly Springs Chamber of Commerce Inc does
Mission
Provide visionary leadership to grow the holly springs business community through advocacy, engagement, and innovation.
As stated on its FY2025 Form 990.
Programs
Other various programs
$20,117 spent$85,016 earned by the program34% of program spendingWomens empowerment luncheon - luncheon for local business women with panelists speaking on empowerment in an effort to foster and support success and gender equality.
$14,607 spent$22,483 earned by the program24% of program spendingWinterfest - community festival that encourages residents to support local by shopping the winter markets mix of handcrafted gifts, treats, and holiday items.
$13,047 spent$29,140 earned by the program22% of program spendingFirst responders lunch - honor community first responders
$11,955 spent$19,708 earned by the program20% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $59,726.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $302k to $181k (−40%).
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.
Government-grant reliance: 2017 12% · 2018 5% · 2019 6% · 2020 27% · 2021 21% · 2022 9% · 2023 3% · 2024 4% · 2025 6%. Grants only. Government contracts and fees sit inside program revenue.
58% of HOLLY SPRINGS CHAMBER OF COMMERCE INC’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
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
Tonya Palumbo
Executive director
Board chair
David Whittingham
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2017 and FY2018, and between the FY2018 and FY2019, and between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2022: the base held at 1 funder, grant income rose $12k → $25k.
From the IRS filings of HOLLY SPRINGS CHAMBER OF COMMERCE INC’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
HOLLY SPRINGS CHAMBER OF COMMERCE INC leans on a few funders — its largest provides 51% 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
49% 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 HOLLY SPRINGS CHAMBER OF COMMERCE INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2022 100% — broadly stable.
“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 HOLLY SPRINGS CHAMBER OF COMMERCE INC's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
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.
Against its field
HOLLY SPRINGS CHAMBER OF COMMERCE INC's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like HOLLY SPRINGS CHAMBER OF COMMERCE INC
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
16% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for HOLLY SPRINGS CHAMBER OF COMMERCE INC: 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.
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 HOLLY SPRINGS CHAMBER OF COMMERCE INC?
- HOLLY SPRINGS CHAMBER OF COMMERCE INC (North Carolina) receives grants from 2 organizations whose IRS filings report $49,495 to it, the largest being DUKE ENERGY FOUNDATION ($25,000). 1 of them have funded it in more than one year.
- How many funders does HOLLY SPRINGS CHAMBER OF COMMERCE INC have?
- IRS filings report 2 organizations giving $49,495 in grants to HOLLY SPRINGS CHAMBER OF COMMERCE INC, 1 of which have funded it in more than one year.
- Who is the largest funder of HOLLY SPRINGS CHAMBER OF COMMERCE INC?
- DUKE ENERGY FOUNDATION is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
- How can an organization like HOLLY SPRINGS CHAMBER OF COMMERCE INC 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 2017–2025), and the filings of 2 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