Pay It Forward Christmas Charity Inc

Analysis

Pay It Forward Christmas Charity Inc is a registered charity in United States, based in Albia, IA. It received its IRS tax-exemption ruling in November 2013, 13 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, Pay It Forward Christmas Charity Inc reported income of $121k and spending of $64k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $121k (-6.6%), an average of -6.6% a year. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pay It Forward Christmas Charity Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within IA. Charities of a similar size with the same main cause include Ablepay Inc ($121k), New Kids on the Block Inc ($121k) and Mitchell Housing Corporation ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.