Bruce Roberts Santa Claus
Bruce Roberts Santa Claus maintains strong financial stability with zero liabilities and consistent asset growth, despite fluctuating revenues.
EIN: 10361298 · S Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $58K |
| Program Spending | 90% |
| Net Assets | $372K |
| Transparency Score | 92/100 |
Is Bruce Roberts Santa Claus Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bruce Roberts Santa Claus directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bruce Roberts Santa Claus
Bruce Roberts Santa Claus (EIN: 10361298) is a nonprofit organization based in S Portland, ME. The organization reported total revenue of $183K and total assets of $368K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bruce Roberts Santa Claus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bruce Roberts Santa Claus is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -6.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $58K |
| Surplus / Deficit | +$5K |
| Total Assets | $372K |
| Net Assets | $372K |
| Operating Margin | 7.7% |
| Months of Reserves | 77.0 months |
Financial Health Grade: A
In 2024, Bruce Roberts Santa Claus reported a surplus of $5K with revenue exceeding expenses, holds 77.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Bruce Roberts Santa Claus's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -70.5% | -61.3% | +0.0% |
| 2023 | -0.8% | +4.9% | +20.5% |
| 2022 | -19.2% | +51.0% | +30.3% |
| 2021 | +103.8% | -41.4% | +260.5% |
| 2020 | +18.2% | -10.7% | -31.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 0000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bruce Roberts Santa Claus with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Bruce Roberts Santa Claus allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Bruce Roberts Santa Claus:
- Zero liabilities reported across all filings, indicating strong financial health.
- Significant asset growth from $65,767 in 202002 to $372,163 in 202402.
- Consistent reporting of 0% officer compensation, maximizing funds for mission.
- Positive net income in most recent years (e.g., $4,853 in 202402, $63,190 in 202302).
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Bruce Roberts Santa Claus
Is Bruce Roberts Santa Claus a legitimate charity?
Bruce Roberts Santa Claus (EIN: 10361298) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $183K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Bruce Roberts Santa Claus spend its money?
Bruce Roberts Santa Claus directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bruce Roberts Santa Claus tax-deductible?
Bruce Roberts Santa Claus is registered as a tax-exempt nonprofit (EIN: 10361298). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bruce Roberts Santa Claus's spending goes to programs?
Bruce Roberts Santa Claus directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bruce Roberts Santa Claus located?
Bruce Roberts Santa Claus is headquartered in S Portland, Maine and files with the IRS under EIN 10361298.
How many years of IRS 990 filings does Bruce Roberts Santa Claus have?
Bruce Roberts Santa Claus has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $183K in total revenue.
Is Bruce Roberts Santa Claus a good charity?
Based on the available financial data, Bruce Roberts Santa Claus appears to be a very good charity. It demonstrates strong financial health with zero liabilities, significant asset growth, and no executive compensation, suggesting a high dedication of resources to its mission.
How has the organization's revenue trended?
Revenue has fluctuated, peaking at $265,894 in 202102, then decreasing to $62,846 in 202402. However, the overall trend shows periods of strong fundraising, such as $212,965 in 202302.
What is the organization's financial stability?
The organization exhibits excellent financial stability, consistently reporting $0 in liabilities and growing its assets from $65,767 in 202002 to $372,163 in 202402.
Does Bruce Roberts Santa Claus pay its executives?
No, the filings consistently show 0% officer compensation, indicating that executives are not paid from the organization's funds.
Filing History
IRS 990 filing history for Bruce Roberts Santa Claus showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Bruce Roberts Santa Claus's revenue has declined by 52.7%, moving from $133K to $63K. Total assets increased by 14.6% over the same period, from $325K to $372K. Total functional expenses fell by 69.7%, from $192K to $58K. In its most recent filing year (2024), Bruce Roberts Santa Claus reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $63K | $58K | $372K | $0 | — | — |
| 2023 | $213K | $150K | $372K | $0 | — | — |
| 2022 | $215K | $143K | $309K | $0 | — | View 990 |
| 2021 | $266K | $95K | $237K | $0 | — | — |
| 2020 | $130K | $161K | $66K | $0 | — | — |
| 2019 | $110K | $181K | $97K | $0 | — | View 990 |
| 2018 | $130K | $158K | $167K | $0 | — | — |
| 2017 | $160K | $146K | $195K | $0 | — | View 990 |
| 2016 | $126K | $134K | $181K | $0 | — | View 990 |
| 2015 | $120K | $148K | $189K | $0 | — | View 990 |
| 2014 | $131K | $161K | $218K | $171 | — | View 990 |
| 2013 | $111K | $188K | $248K | $181 | — | View 990 |
| 2012 | $133K | $192K | $325K | $181 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $63K, expenses of $58K, and assets of $372K (revenue -70.5% year-over-year).
- 2023: Revenue of $213K, expenses of $150K, and assets of $372K (revenue -0.8% year-over-year).
- 2022: Revenue of $215K, expenses of $143K, and assets of $309K (revenue -19.2% year-over-year).
- 2021: Revenue of $266K, expenses of $95K, and assets of $237K (revenue +103.8% year-over-year).
- 2020: Revenue of $130K, expenses of $161K, and assets of $66K (revenue +18.2% year-over-year).
- 2019: Revenue of $110K, expenses of $181K, and assets of $97K (revenue -15.4% year-over-year).
- 2018: Revenue of $130K, expenses of $158K, and assets of $167K (revenue -18.6% year-over-year).
- 2017: Revenue of $160K, expenses of $146K, and assets of $195K (revenue +27.5% year-over-year).
- 2016: Revenue of $126K, expenses of $134K, and assets of $181K (revenue +5.0% year-over-year).
- 2015: Revenue of $120K, expenses of $148K, and assets of $189K (revenue -8.3% year-over-year).
- 2014: Revenue of $131K, expenses of $161K, and assets of $218K (revenue +17.9% year-over-year).
- 2013: Revenue of $111K, expenses of $188K, and assets of $248K (revenue -16.7% year-over-year).
- 2012: Revenue of $133K, expenses of $192K, and assets of $325K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bruce Roberts Santa Claus:
Data Sources and Methodology
This transparency report for Bruce Roberts Santa Claus is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.