Santas Cause Inc

Analysis

Santas Cause Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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, Santas Cause Inc reported income of $94k and spending of $71k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $94k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santas Cause Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within OK. Charities of a similar size with the same main cause include Parent Booster USA Inc ($94k), Aerials Booster Club ($94k) and Warriors for Warriors Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.