Second Blessings Thrift Shop Inc

Analysis

Second Blessings Thrift Shop Inc is a registered charity in United States, based in Tipton, IN. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Second Blessings Thrift Shop Inc reported income of $164k and spending of $123k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $186k to $164k (-12%), an average of -12% a year. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Second Blessings Thrift Shop Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include 1st Lieutenant Derek Hines Soldiersassistance Fund Inc ($164k), United Way of South Central Ky ($164k) and Naaa Warren Young Sr Scholastic Foundation Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 89% of the total. At year end it held assets of $323k against liabilities of $5,811, net assets of $317k.