Christmas in July Inc

Analysis

Christmas in July Inc is a registered charity in United States, based in Tamarac, FL. It received its IRS tax-exemption ruling in December 2009, 17 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 September 2023, Christmas in July Inc reported income of $70k and spending of $82k, spending 117% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $66k to $70k (+7.2%), an average of +7.2% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christmas in July Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Micronesia Community Development Corporation ($70k), Larys Speakeasy ($70k) and Progress Club Foundation Inc ($70k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.