Ogemaw Community Thrift Store

Analysis

Ogemaw Community Thrift Store is a registered charity in United States, based in West Branch, MI. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ogemaw Community Thrift Store reported income of $114k and spending of $120k, spending 105% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $134k to $114k (-16%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 16%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ogemaw Community Thrift Store sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Childrens Humanitarian Services ($114k), Avenues Foundation ($114k) and Albany Arc Foundation Inc ($114k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $9,503 against liabilities of $2,764, net assets of $6,739.