Nebraska City Community Thrift Shop Inc

Analysis

Nebraska City Community Thrift Shop Inc is a registered charity in United States, based in Nebraska City, NE. It received its IRS tax-exemption ruling in September 2014, 12 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, Nebraska City Community Thrift Shop Inc reported income of $231k and spending of $224k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $231k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nebraska City Community Thrift Shop Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NE. Charities of a similar size with the same main cause include Pastor-In-Residence Ministries Inc ($230k), Appropedia Foundation 2084 ($231k) and Volunteers for Veterans Foundation ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. Other salaries and wages came to $101k. At year end it held assets of $176k against liabilities of $65k, net assets of $112k. It reported 11 employees.