Outreach Thrift Shop Inc

Analysis

Outreach Thrift Shop Inc is a registered charity in United States, based in Shepherdsvlle, KY. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Outreach Thrift Shop Inc reported income of $59k and spending of $116k, spending 198% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $220k to $59k (-73%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Outreach Thrift Shop Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within KY. Charities of a similar size with the same main cause include Luv on Fire Ministries Inc ($59k), Howard County Fairgrounds Foundation Inc ($59k) and Your Move Mke ($59k).

At year end it held assets of $1,170 against liabilities of $0, net assets of $1,170.