Madison Christmas Committee a NJ Nonprofit Corporation

Analysis

Madison Christmas Committee a NJ Nonprofit Corporation is a registered charity in United States, based in Madison, NJ. It received its IRS tax-exemption ruling in November 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madison Christmas Committee a NJ Nonprofit Corporation reported income of $55k and spending of $50k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $55k (-5.6%), an average of -5.6% a year. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Madison Christmas Committee a NJ Nonprofit Corporation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Dryden Town Historical Society ($55k), International Institute for Human Factor Development U S a Inc ($55k) and Casino Theater Restoration and Management Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.