Community Thrift Store Inc

Analysis

Community Thrift Store Inc is a registered charity in United States, based in Clarkesville, GA. It received its IRS tax-exemption ruling in February 2011, 15 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, Community Thrift Store Inc reported income of $121k and spending of $85k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $121k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Thrift Store Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within GA. Charities of a similar size with the same main cause include The Montana National Guard Thrift Shop Inc ($121k), Christian Care Ministries Inc ($121k) and NH Housing Development NFP ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.