St Croix Christmas Boat Parade Inc

Analysis

St Croix Christmas Boat Parade Inc is a registered charity in United States, based in Christiansted, VI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2024, St Croix Christmas Boat Parade Inc reported income of $89k and spending of $95k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $95k to $89k (-6.8%), an average of -6.8% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Croix Christmas Boat Parade Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within VI. Charities of a similar size with the same main cause include Worcester Medical Library Inc ($89k), Italian American Professional & Executive Association Inc ($89k) and Leader Transition Institute Inc ($89k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.