Friends of Santa Claus Inc

Analysis

Friends of Santa Claus Inc is a registered charity in United States, based in Highland, CA. It received its IRS tax-exemption ruling in May 2015, 11 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, Friends of Santa Claus Inc reported income of $60k and spending of $64k, spending 106% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $145k to $60k (-58%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Santa Claus Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Mind Power Enterprise II Inc ($60k), Winchester Area Churches & Community Food Pantry ($60k) and Serving Marriages Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 424% and program service revenue 47% of the total. At year end it held assets of $192k against liabilities of $9,101, net assets of $183k.