Salem Christmas Fund Inc

Analysis

Salem Christmas Fund Inc is a registered charity in United States, based in Salem, NH. It received its IRS tax-exemption ruling in June 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Salem Christmas Fund Inc reported income of $51k and spending of $127k, spending 250% of what it took in. Across the 3 years on record, from August 2022 to August 2024, income fell from $135k to $51k (-62%), an average of -39% a year. The sharpest change came in the year to August 2024, when income dropped by 46%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salem Christmas Fund Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within NH. Charities of a similar size with the same main cause include Mental Illness Research Association ($51k), Senior Foundation Inc Johnson City ($51k) and Retreat House Corporation of the Adams County Council of Churches ($51k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 46% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.