Denver Santa Clause Shop Inc

Analysis

Denver Santa Clause Shop Inc is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in November 1933, 93 years ago. 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, Denver Santa Clause Shop Inc reported income of $235k and spending of $254k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $256k to $235k (-8.1%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Denver Santa Clause Shop Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Community Housing Inc ($235k), Facilities Inc ($235k) and Salba Corporation ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $150k against liabilities of $295, net assets of $150k.

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.