Good Samaritan Thrift Store

Analysis

Good Samaritan Thrift Store is a registered charity in United States, based in Roan Mountain, TN. It received its IRS tax-exemption ruling in January 2006, 20 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, Good Samaritan Thrift Store reported income of $68k and spending of $72k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $78k to $68k (-13%), an average of -6.8% a year. 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, Good Samaritan Thrift Store sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include Mt25 Inc ($68k), Visualize and Rize Inc ($68k) and Missing Dogs Massachusetts Corporation ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $3,357 against liabilities of $0, net assets of $3,357.