Common Cents Thrift Shop

Analysis

Common Cents Thrift Shop is a registered charity in United States, based in Oxford, NY. It received its IRS tax-exemption ruling in March 2011, 15 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, Common Cents Thrift Shop reported income of $71k and spending of $64k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $71k (+2.7%), an average of +2.7% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Common Cents Thrift Shop sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Nami Southeast Ohio ($71k), Highlands Christmas Mother Inc ($71k) and Gatehouse Ministries ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.9% of the total. At year end it held assets of $147k against liabilities of $896, net assets of $147k.