Blue Mitten Thrift Shop

Analysis

Blue Mitten Thrift Shop is a registered charity in United States, based in Westerly, RI. It received its IRS tax-exemption ruling in September 1994, 32 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 December 2023, Blue Mitten Thrift Shop reported income of $142k and spending of $151k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $142k (-10.0%), an average of -10% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blue Mitten Thrift Shop sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within RI. Charities of a similar size with the same main cause include Urban Baby Beginnings ($142k), Twin Villages Downtown Alliance ($142k) and United Way of Adams County Indiana Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $60k against liabilities of $1,060, net assets of $58k.