Save & Share Thrift Shop

Analysis

Save & Share Thrift Shop is a registered charity in United States, based in Cokato, MN. It received its IRS tax-exemption ruling in April 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 December 2023, Save & Share Thrift Shop reported income of $126k and spending of $133k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $126k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Save & Share Thrift Shop sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include NLH 3 ($126k), Vietnamese Evangelical Missionary Fellowship ($126k) and Iredell Community Outreach Association ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 92% of the total. At year end it held assets of $3,956 against liabilities of $1,691, net assets of $2,265.