Village Store- a Community Thrift Shop

Analysis

Village Store- a Community Thrift Shop is a registered charity in United States, based in Wimberley, TX. It received its IRS tax-exemption ruling in August 2003, 23 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, Village Store- a Community Thrift Shop reported income of $574k and spending of $578k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $307k to $574k (+87%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village Store- a Community Thrift Shop sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Citizens Fire Company Inc ($573k), Caregivers Volunteers Assisting the Elderly ($574k) and Peaceful Family Solutions Inc ($573k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $61k. At year end it held assets of $992k against liabilities of $759k, net assets of $233k. It reported 1 employees.