Community Christmas Store

Analysis

Community Christmas Store is a registered charity in United States, based in Salem, VA. It received its IRS tax-exemption ruling in August 1994, 32 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, Community Christmas Store reported income of $80k and spending of $75k, spending 94% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $75k to $80k (+6.2%), an average of +6.2% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Christmas Store sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Healthy Moves ($80k), My Glacier Village ($80k) and Sylvan Grove Fair and Agricultural Association ($80k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.