San Marcos Sights & Sounds of Christmas Inc

Analysis

San Marcos Sights & Sounds of Christmas Inc is a registered charity in United States, based in San Marcos, TX. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 March 2022, San Marcos Sights & Sounds of Christmas Inc reported income of $1.1m and spending of $999k, spending 89% of its income. Across the 4 years on record, from March 2019 to March 2022, income grew from $663k to $1.1m (+70%), an average of +19% a year. The sharpest change came in the year to March 2022, when income rose by 615%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Marcos Sights & Sounds of Christmas Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Creeks Athletic Association Inc ($1.1m), Mandan Parks and Recreation Foundation Inc ($1.1m) and Falmouth Youth Hockey League Inc ($1.1m).

On its Form 990 for the period ending March 2022, revenue came from contributions and grants 17% and program service revenue 80% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.