Santas Cupboard

Analysis

Santas Cupboard is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in March 2007, 19 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 September 2023, Santas Cupboard reported income of $58k and spending of $58k, spending 100% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $78k to $58k (-26%), an average of -26% a year. The sharpest change came in the year to September 2023, when income dropped by 26%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Santas Cupboard sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include Advocacy Center of Davie County ($58k), Hope Center of Tulsa Inc ($58k) and A New Tomorrow ($58k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.