Washington, D.C. · Nonprofit
U S Black Chamber of Commerce EDC
U S Black Chamber of Commerce EDC (Washington, D.C.) receives grants from 9 organizations whose IRS filings report $3,014,000 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,050,000). 4 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2023
- $3.3M
- Funders on record
- 9
- Grants received
- $3.0M
- Net assets
- $4.7M
What U S Black Chamber of Commerce EDC does
Mission
The organization was formed to assist local Black Chambers of Commerce nationally with small business development and growth and to represent the business interest of African American businesses throughout the US.
As stated on its FY2023 Form 990.
Program
The Organization was able to provide technical and educational assistance to business owners and aspiring entrepreneurs. In addition, the organization was able to provide micro-grants to outside organizations throughout the year.
$2,694,546 spent100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $2,694,546.
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 2019 to 2020, from $565k to $3.1M (+447%).
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: 2020 9% · 2021 85%. Grants only. Government contracts and fees sit inside program revenue.
100% of U S Black Chamber of Commerce EDC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 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
Ronald Busby
Executive Director
Board chair
CHarles O'Neal
Chairman of the Board
As listed on its FY2023 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $10k → $1.3M.
3 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 73% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of U S Black Chamber of Commerce EDC’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
U S Black Chamber of Commerce EDC leans on a few funders — its largest provides 35% of grant income and the top three 79%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
88% 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 U S Black Chamber of Commerce EDC.
Largest funder’s share by year: 2019 100% · 2020 77% · 2021 59% · 2022 80% · 2023 76% — 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
40% of U S Black Chamber of Commerce EDC's funders are still giving 2 years after their first grant; 44% give in more than one year at all.
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
73% of U S Black Chamber of Commerce EDC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $814k that is directly attributable, 56% of it comes from Washington, D.C. funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.2M arriving through sponsors registered in 3 states 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.
Against its field
U S Black Chamber of Commerce EDC holds deeper cash reserves than three-quarters of the 11,412 education nonprofits its size.
this organization peer median middle 50% of peers· 11,412 education nonprofits $1M–$10M, FY2023
Organizations like U S Black Chamber of Commerce EDC
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 Washington, D.C.
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for U S Black Chamber of Commerce EDC: 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 U S Black Chamber of Commerce EDC?
- U S Black Chamber of Commerce EDC (Washington, D.C.) receives grants from 9 organizations whose IRS filings report $3,014,000 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,050,000). 4 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does U S Black Chamber of Commerce EDC have?
- IRS filings report 9 organizations giving $3,014,000 in grants to U S Black Chamber of Commerce EDC, 4 of which have funded it in more than one year.
- Who is the largest funder of U S Black Chamber of Commerce EDC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,050,000 in grants. The full list of funders is on this page.
- How can an organization like U S Black Chamber of Commerce EDC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds U S Black Chamber of Commerce EDC →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2017–2023), and the filings of 9 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