Bulverde Thrift Store

Analysis

Bulverde Thrift Store is a registered charity in United States, based in Spring Branch, TX. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bulverde Thrift Store reported income of $264k and spending of $236k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $261k to $264k (+1.2%), an average of +0.4% a year. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bulverde Thrift Store sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Presbyterian Night Shelter Endowment Foundation ($264k), The Wesley Inc ($264k) and Gibb Gulf Coast Village Inc ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Other salaries and wages came to $79k. At year end it held assets of $222k against liabilities of $3,224, net assets of $219k. It reported 4 employees.