Hammock Thrift Shop Inc

Analysis

Hammock Thrift Shop Inc is a registered charity in United States, based in Palm Coast, FL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hammock Thrift Shop Inc reported income of $131k and spending of $120k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $131k (+3.4%), an average of +3.4% 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, Hammock Thrift Shop Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Seeds of Promise ($131k), Ukrainian New Wave Corporation ($131k) and Options Pregnancy Clinic of Ava ($131k).

At year end it held assets of $36k against liabilities of $1,164, net assets of $35k.