Golden Goose Thrift Shop

Analysis

Golden Goose Thrift Shop is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Golden Goose Thrift Shop reported income of $2.4m and spending of $2.4m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $2.4m (+37%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Golden Goose Thrift Shop sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include Food to Power ($2.4m), Piedmont Agency on Aging Inc ($2.4m) and Ste Genevieve Group Home Inc ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $91k (3.8% of expenses). Other salaries and wages came to $347k. At year end it held assets of $3.6m against liabilities of $149k, net assets of $3.5m. It reported 8 employees.