Lone Star Santas Charities Inc

Analysis

Lone Star Santas Charities Inc is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in July 2013, 13 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, Lone Star Santas Charities Inc reported income of $131k and spending of $104k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $131k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lone Star Santas Charities Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Mara Housing Corporation ($131k), Acts of Grace Ministries ($131k) and Parental Hope Inc ($131k).

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 $42k against liabilities of $0, net assets of $42k.