Christmas for Charity Inc

Analysis

Christmas for Charity Inc is a registered charity in United States, based in Hazard, KY. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Christmas for Charity Inc reported income of $56k and spending of $53k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $56k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Christmas for Charity Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within KY. Charities of a similar size with the same main cause include Harbor Beach Hospital Foundation ($56k), NWW Foundation ($56k) and Little League Baseball Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $33k, net assets of $21k.