Gordon Thrift Shop

Analysis

Gordon Thrift Shop is a registered charity in United States, based in Gordon, TX. It received its IRS tax-exemption ruling in September 2004, 22 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, Gordon Thrift Shop reported income of $66k and spending of $65k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $66k (+9.4%), an average of +9.4% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gordon Thrift Shop 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 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Main Street Farmers Market Inc ($66k), LMSD Foundation ($66k) and Rutherford Community Pantry Inc ($66k).

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 $127k against liabilities of $4,648, net assets of $122k.