Eagle-Tribune Santa Claus Trust

Analysis

Eagle-Tribune Santa Claus Trust is a registered charity in United States, based in North Andover, MA. It received its IRS tax-exemption ruling in October 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Eagle-Tribune Santa Claus Trust reported income of $68k and spending of $81k, spending 119% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $97k to $68k (-30%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eagle-Tribune Santa Claus Trust sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include Cokesbury Village Residents Association ($68k), Minto Community Center ($68k) and Arbutus Park Manor Auxiliary Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $279, net assets of $78k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.