Catoosa County Stocking Full of Love Inc

Analysis

Catoosa County Stocking Full of Love Inc is a registered charity in United States, based in Ringgold, GA. It received its IRS tax-exemption ruling in December 2022, 4 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, Catoosa County Stocking Full of Love Inc reported income of $75k and spending of $90k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $221k to $75k (-66%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catoosa County Stocking Full of Love Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within GA. Charities of a similar size with the same main cause include Fyi Clinic Inc ($75k), Cy-Fair Womens Club ($75k) and Aac Adoption & Family Network Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.