Marine Thrift Shop

Analysis

Marine Thrift Shop is a registered charity in United States, based in Fpo, AP. It received its IRS tax-exemption ruling in February 2021, 5 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, Marine Thrift Shop reported income of $330k and spending of $324k, spending 98% of its income. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marine Thrift Shop sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 88th percentile within AP. Charities of a similar size with the same main cause include Morrison Foundation ($330k), Kona Coffee Cultural Festival ($330k) and Firefighters of Southern Nevada Burn Foundation ($330k).

Other salaries and wages came to $154k. At year end it held assets of $182k against liabilities of $12k, net assets of $170k. It reported 17 employees.