Project Christmas

Analysis

Project Christmas is a registered charity in United States, based in Cadillac, MI. It received its IRS tax-exemption ruling in July 2005, 21 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 April 2024, Project Christmas reported income of $69k and spending of $72k, spending 104% of its income. Across the 3 years on record, from April 2020 to April 2024, income fell from $160k to $69k (-57%), an average of -34% a year. The sharpest change came in the year to April 2023, when income dropped by 70%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Christmas sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within MI. Charities of a similar size with the same main cause include Road to Hope - Shelby Inc ($69k), Beaver County Lighthouse for the Blind ($69k) and Clatsop Emergency Food Bank Inc ($69k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.