Act II Thrift Shop Inc

Analysis

Act II Thrift Shop Inc is a registered charity in United States, based in Madison, CT. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Act II Thrift Shop Inc reported income of $174k and spending of $170k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $148k to $174k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. 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, Act II Thrift Shop Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include Gettysburg Community Soup Kitchen ($174k), Little Patriots Embraced Inc ($174k) and Tent Minstries ($174k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.