Nearly New Shop

Analysis

Nearly New Shop is a registered charity in United States, based in Mountainhome, PA. It received its IRS tax-exemption ruling in December 1986, 40 years ago. 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, Nearly New Shop reported income of $55k and spending of $42k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $44k to $55k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nearly New Shop sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Grupo Unidad Agua de LA Roca Inc ($55k), PTA Florida Congress ($55k) and Soroptimist International of the Americas Inc ($55k).

At year end it held assets of $45k against liabilities of $0, net assets of $45k.