Excelsior Christkindslmarkt

Analysis

Excelsior Christkindslmarkt is a registered charity in United States, based in Excelsior, MN. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Excelsior Christkindslmarkt reported income of $111k and spending of $130k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $111k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Excelsior Christkindslmarkt sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include The Friends of Carl Sandburg at Connemara Inc ($111k), Junior League of Annapolis Inc ($111k) and Choose Tallahassee Inc ($111k).

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 $1 against liabilities of $0, net assets of $1.