Christmas for Kids

Analysis

Christmas for Kids is a registered charity in United States, based in Albertville, AL. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christmas for Kids reported income of $154k and spending of $129k, spending 84% of its income. Across the 4 years on record, from December 2018 to December 2023, income fell from $237k to $154k (-35%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christmas for Kids sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within AL. Charities of a similar size with the same main cause include Hope House ($154k), Kids Town House Inc ($154k) and Gyo Greens Farms Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.