Operation Celebration Inc

Analysis

Operation Celebration Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in August 2005, 21 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 2023, Operation Celebration Inc reported income of $159k and spending of $274k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $159k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income rose by 258%. Over the whole period it spent 131% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Celebration Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Planting Seeds LLC ($159k), 127pure ($159k) and Marion Day Care Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $146k against liabilities of $125k, net assets of $21k.