Christmas Cheer Agency of Alamance County Inc

Analysis

Christmas Cheer Agency of Alamance County Inc is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in April 1999, 27 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, Christmas Cheer Agency of Alamance County Inc reported income of $280k and spending of $212k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $264k to $280k (+6.1%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christmas Cheer Agency of Alamance County Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Tots Haven Christian Academy ($280k), Liberty Group Senior Services Inc ($280k) and Residents Association of Kendal at Ithaca ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $50k (24% of expenses). Other salaries and wages came to $30k. At year end it held assets of $658k against liabilities of $0, net assets of $658k. It reported 5 employees.