Worthington Thrift Shop

Analysis

Worthington Thrift Shop is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in October 2006, 20 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 May 2024, Worthington Thrift Shop reported income of $147k and spending of $112k, leaving 24% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $124k to $147k (+19%), an average of +18% a year. The sharpest change came in the year to May 2024, when income rose by 19%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Worthington Thrift Shop sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include South Park Food BNK ($147k), My Hometown Heroes ($147k) and Light of Lea County ($147k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 2.3% of the total. At year end it held assets of $70k against liabilities of $994, net assets of $69k.