Santas Elves Inc

Analysis

Santas Elves Inc is a registered charity in United States, based in Santa Claus, IN. It received its IRS tax-exemption ruling in April 1977, 49 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 December 2023, Santas Elves Inc reported income of $138k and spending of $116k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $138k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santas Elves Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within IN. Charities of a similar size with the same main cause include Buchholz Band Boosters Inc ($138k), New England Dinosaur Inc ($138k) and Foundation for Modern Music Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.