Operation Santa and Community Events Inc

Analysis

Operation Santa and Community Events Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Operation Santa and Community Events Inc reported income of $51k and spending of $64k, spending 126% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $90k to $51k (-43%), an average of -43% a year. The sharpest change came in the year to June 2023, when income dropped by 43%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Santa and Community Events Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within KY. Charities of a similar size with the same main cause include Giving Back to the Gambia Charity Foundation Inc ($51k), Cascade Geographic Society Inc ($51k) and Center City Christian Outreach Inc ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.