Matthew 25 Thriftshop

Analysis

Matthew 25 Thriftshop is a registered charity in United States, based in Lititz, PA. It received its IRS tax-exemption ruling in January 2008, 18 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, Matthew 25 Thriftshop reported income of $351k and spending of $354k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $351k to $351k (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 44%. 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, Matthew 25 Thriftshop sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Angels Safe Haven Inc ($351k), Rural Community Action Ministry ($351k) and F R E E International Inc ($351k).

Compensation of current officers, directors and key employees was $31k (8.7% of expenses). Other salaries and wages came to $21k. At year end it held assets of $50k against liabilities of $0, net assets of $50k.