Harvest Thrift Store

Analysis

Harvest Thrift Store is a registered charity in United States, based in Sugarcreek, OH. It received its IRS tax-exemption ruling in January 2009, 17 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, Harvest Thrift Store reported income of $1.6m and spending of $1.3m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $707k to $1.6m (+122%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harvest Thrift Store sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Student Lunchbox Inc ($1.6m), Victims Resource Center ($1.6m) and Family Therapy Institute of Santa Barbara ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $665k. At year end it held assets of $1.5m against liabilities of $3,309, net assets of $1.5m. It reported 48 employees.