Adrn Thrift Store Inc

Analysis

Adrn Thrift Store Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 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 December 2023, Adrn Thrift Store Inc reported income of $799k and spending of $871k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $915k to $799k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2020, when income rose by 95%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adrn Thrift Store Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Aging Services for Communities ($799k), Childrens Home Society Foundation Inc ($800k) and Casa de LA Cultura ($799k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% of the total. Other salaries and wages came to $426k. At year end it held assets of $998k against liabilities of $10k, net assets of $987k. It reported 36 employees.