Cape Cancer Thrift Shop Inc

Analysis

Cape Cancer Thrift Shop Inc is a registered charity in United States, based in Sandwich, MA. It received its IRS tax-exemption ruling in December 2017, 9 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, Cape Cancer Thrift Shop Inc reported income of $154k and spending of $130k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $154k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cape Cancer Thrift Shop Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Jag PAC Inc ($154k), Charitastic Inc ($154k) and Immanuel Early Childhood Academy ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. At year end it held assets of $53k against liabilities of -$3,408, net assets of $57k.