Celebration Nation Inc

Analysis

Celebration Nation Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 2021, 5 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 2022, Celebration Nation Inc reported income of $1.6m and spending of $1.6m, spending 98% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $654k to $1.6m (+147%), an average of +57% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Celebration Nation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Young Mens Christian Association of Putnam County Ohio ($1.6m), Zachariahs Acres Inc ($1.6m) and Light & Salt Association ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.