Community Thrift & Treasure Inc

Analysis

Community Thrift & Treasure Inc is a registered charity in United States, based in Glenwood SPGS, CO. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Community Thrift & Treasure Inc reported income of $437k and spending of $338k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $437k (+98%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 69%. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Community Thrift & Treasure Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Alabama Coastal Foundation Inc ($437k), The Outdoor Circle ($437k) and Cool the Earth Inc ($437k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $12k (3.4% of expenses). Other salaries and wages came to $7,498. At year end it held assets of $291k against liabilities of $9,272, net assets of $282k. It reported 11 employees.