Hometown Christmas Parade

Analysis

Hometown Christmas Parade is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Hometown Christmas Parade reported income of $98k and spending of $62k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $98k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hometown Christmas Parade sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within AZ. Charities of a similar size with the same main cause include Mke Youth Sports Alliance Inc ($98k), Akron Soccer League Inc ($98k) and Gates Youth Soccer League Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.