Putnam County Community Thrift Store Inc

Analysis

Putnam County Community Thrift Store Inc is a registered charity in United States, based in Ottawa, OH. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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, Putnam County Community Thrift Store Inc reported income of $274k and spending of $319k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $274k (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Putnam County Community Thrift Store Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Rachels House Pregnancy Resource Clinic ($274k), Reach Out Lodi Inc ($274k) and Orange County Bar Assoc Attorneys Contributing to Society Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% of the total. Other salaries and wages came to $72k. At year end it held assets of $224k against liabilities of $1,951, net assets of $222k. It reported 10 employees.