Barn Thrift Shop

Analysis

Barn Thrift Shop is a registered charity in United States, based in Salt Point, NY. It received its IRS tax-exemption ruling in March 2000, 26 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, Barn Thrift Shop reported income of $402k and spending of $403k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $402k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Barn Thrift Shop sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Family Promise of Southwest New Jersey a NJ Nonprofit Corporation ($401k), Hospice of Dubuque Foundation ($402k) and Together We Can Foundation ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Other salaries and wages came to $205k. At year end it held assets of $794k against liabilities of $666k, net assets of $128k. It reported 11 employees.