Athens Thrift Store Inc

Analysis

Athens Thrift Store Inc is a registered charity in United States, based in Athens, TX. It received its IRS tax-exemption ruling in August 2010, 16 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, Athens Thrift Store Inc reported income of $644k and spending of $703k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $556k to $644k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Athens Thrift Store Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Going Global ($644k), Veterans Moving Forward Inc ($644k) and Southern Living Academy PCH Inc ($644k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $224k. At year end it held assets of $733k against liabilities of $439k, net assets of $294k. It reported 16 employees.