Neat Repeats Resale Shop Inc

Analysis

Neat Repeats Resale Shop Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in July 1991, 35 years ago. 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 March 2024, Neat Repeats Resale Shop Inc reported income of $280k and spending of $296k, spending 106% of what it took in. Across the 4 years on record, from March 2020 to March 2024, income grew from $207k to $280k (+35%), an average of +10% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neat Repeats Resale Shop Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 52nd percentile within VT. Charities of a similar size with the same main cause include American Planning Association ($280k), Gethsemane Ministries Inc ($280k) and Association of School Business Officials International ($280k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $6,485 (2.2% of expenses). At year end it held assets of $20k against liabilities of $0, net assets of $20k. It reported 2 employees.