Montgomery County Christmas Store Incorporated

Analysis

Montgomery County Christmas Store Incorporated is a registered charity in United States, based in Christiansbrg, VA. It received its IRS tax-exemption ruling in January 1984, 42 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, Montgomery County Christmas Store Incorporated reported income of $435k and spending of $446k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $313k to $435k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montgomery County Christmas Store Incorporated sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Poc Collaborative Community Resource Center ($435k), Comunidad Hispana de Wallingford Inc ($435k) and Twin Bridge Playschool Inc ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.2m against liabilities of $56k, net assets of $1.1m.