Ann Arbor PTO Thrift Shop Inc

Analysis

Ann Arbor PTO Thrift Shop Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in September 1994, 32 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, Ann Arbor PTO Thrift Shop Inc reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $763k to $1.3m (+75%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ann Arbor PTO Thrift Shop Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Cane River Children Services Incorporated ($1.3m), African Family Holistic Health Organization ($1.3m) and American Legion Child Welfare Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% of the total. Other salaries and wages came to $620k. At year end it held assets of $1.9m against liabilities of $1.1m, net assets of $795k. It reported 35 employees.