Louise and Anne Thrift & Fleamarket

Analysis

Louise and Anne Thrift & Fleamarket is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Louise and Anne Thrift & Fleamarket reported income of $923k and spending of $832k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $629k to $923k (+47%), an average of +8.0% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Louise and Anne Thrift & Fleamarket sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within AR. Charities of a similar size with the same main cause include Care2 Fund at Usli Inc ($923k), Sola Gratia Farm ($923k) and Hartley House ($923k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.