St Francis Thrift Store

Analysis

St Francis Thrift Store is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in April 2015, 11 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, St Francis Thrift Store reported income of $287k and spending of $276k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $270k to $287k (+6.3%), an average of +1.5% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Francis Thrift Store sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 55th percentile within ND. Charities of a similar size with the same main cause include Leaps of Love ($287k), Cityheart Corporation ($287k) and Faith Tabernacle Ministries Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% of the total. Other salaries and wages came to $128k. At year end it held assets of $472k against liabilities of $45k, net assets of $427k. It reported 14 employees.