Care & Share Gift & Thrift Inc

Analysis

Care & Share Gift & Thrift Inc is a registered charity in United States, based in Archbold, OH. It received its IRS tax-exemption ruling in March 1988, 38 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 June 2024, Care & Share Gift & Thrift Inc reported income of $841k and spending of $840k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $475k to $841k (+77%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Care & Share Gift & Thrift Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Beat the Streets - Los Angeles Inc ($841k), Life Span of Palm Beach County ($841k) and North Coast Christian Ministries Inc ($841k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Other salaries and wages came to $173k. At year end it held assets of $855k against liabilities of $65k, net assets of $790k. It reported 8 employees.