D a V Thrift Store of Iowa

Analysis

D a V Thrift Store of Iowa is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in December 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, D a V Thrift Store of Iowa reported income of $343k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $133k to $343k (+158%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 224%. Over the whole period it spent 0.0% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, D a V Thrift Store of Iowa sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within IA. Charities of a similar size with the same main cause include Japanese Language School Unified System ($343k), East Granby Library Association Inc ($343k) and San Ramon Valley Education Foundation ($342k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $1.6m against liabilities of $65k, net assets of $1.5m. It reported 36 employees.