Concho Christmas Celebration Inc

Analysis

Concho Christmas Celebration Inc is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Concho Christmas Celebration Inc reported income of $200k and spending of $239k, spending 119% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $184k to $200k (+8.8%), an average of +2.1% a year. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Concho Christmas Celebration Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Tredyffrin Township Library Foundation ($200k), Denver Police Law Enforcement Museum ($200k) and LA Asociacion Americana de Estudios Inc ($200k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 60% and program service revenue 39% of the total. Other salaries and wages came to $41k. At year end it held assets of $17k against liabilities of $48k, net assets of -$31k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.