Christmas Unlimited

Analysis

Christmas Unlimited is a registered charity in United States, based in Coloradosprings, CO. It received its IRS tax-exemption ruling in August 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Christmas Unlimited reported income of $84k and spending of $83k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $477k to $84k (-82%), an average of -35% a year. The sharpest change came in the year to December 2021, when income dropped by 74%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christmas Unlimited sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Randolph County Equine and Agricultural Association Inc ($84k), Focus on the End Times Ministry ($84k) and Rva Community Development Corporation ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $396k against liabilities of $324k, net assets of $73k.