Rockbridge Christmas Basket Inc

Analysis

Rockbridge Christmas Basket Inc is a registered charity in United States, based in Lexington, VA. It received its IRS tax-exemption ruling in September 1995, 31 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 March 2024, Rockbridge Christmas Basket Inc reported income of $154k and spending of $142k, spending 92% of its income. Across the 4 years on record, from March 2021 to March 2024, income fell from $227k to $154k (-32%), an average of -12% a year. The sharpest change came in the year to March 2022, when income dropped by 42%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rockbridge Christmas Basket Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Wine on Wheels Inc ($154k), Copeland Community Foundation Inc ($154k) and McKinley III Inc ($154k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $414k against liabilities of $0, net assets of $414k.