Angels Attic Thrift Shop

Analysis

Angels Attic Thrift Shop is a registered charity in United States, based in Murray, KY. It received its IRS tax-exemption ruling in November 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, Angels Attic Thrift Shop reported income of $923k and spending of $963k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $556k to $923k (+66%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angels Attic Thrift Shop sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within KY. Charities of a similar size with the same main cause include Chopchop Family Inc ($923k), Shirley Home for the Aged Inc ($923k) and Sola Gratia Farm ($923k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. Other salaries and wages came to $538k. At year end it held assets of $541k against liabilities of $5,589, net assets of $535k. It reported 34 employees.