Mount Joy Gift and Thrift

Analysis

Mount Joy Gift and Thrift is a registered charity in United States, based in Mount Joy, PA. It received its IRS tax-exemption ruling in October 2008, 18 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 June 2023, Mount Joy Gift and Thrift reported income of $986k and spending of $497k, leaving 50% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $543k to $986k (+82%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mount Joy Gift and Thrift sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Butterfly Bridge Childrens Advocacy Center Inc ($985k), B a S H ($986k) and Lending Hands Inc ($985k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Other salaries and wages came to $266k. At year end it held assets of $953k against liabilities of $2,528, net assets of $950k. It reported 20 employees.