Santa Cause Inc

Analysis

Santa Cause Inc is a registered charity in United States, based in Williams Bay, WI. It received its IRS tax-exemption ruling in June 2016, 10 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 December 2023, Santa Cause Inc reported income of $177k and spending of $229k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $229k to $177k (-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 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Santa Cause Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Belpre Area Ministries Inc ($177k), Aspiring to Serve Inc ($177k) and Open Door Ministries Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (32% of expenses). At year end it held assets of $145k against liabilities of $30k, net assets of $115k.