West Thrift Shop

Analysis

West Thrift Shop is a registered charity in United States, based in West, TX. It received its IRS tax-exemption ruling in March 2018, 8 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, West Thrift Shop reported income of $66k and spending of $67k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $66k (-4.2%), an average of -4.2% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, West Thrift Shop sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Kids for Christmas Inc ($66k), Oxford City Market ($66k) and Aphasia Community Center Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $118k against liabilities of $33k, net assets of $85k.