Santa Clothes Club Inc

Analysis

Santa Clothes Club Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in November 1982, 44 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 2022, Santa Clothes Club Inc reported income of $264k and spending of $258k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $236k to $264k (+12%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Clothes Club Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Chisholm Trail Retired Senior Volunteer Program Inc ($264k), Congregation of Vietnamese Buddhists Chicago-Quang Minh Tmple ($264k) and PTA California Congress of Parents Teachers & Students Inc ($264k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 79% of the total. At year end it held assets of $721k against liabilities of $0, net assets of $721k.