Calvary Thrift Store

Analysis

Calvary Thrift Store is a registered charity in United States, based in West Jordan, UT. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Calvary Thrift Store reported income of $1.6m and spending of $1.5m, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.3m to $1.6m (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Calvary Thrift Store sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within UT. Charities of a similar size with the same main cause include The Meeting Place Church International ($1.6m), Arrabon ($1.6m) and Keren Hachesed Miami Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. Other salaries and wages came to $920k. At year end it held assets of $939k against liabilities of $43k, net assets of $896k. It reported 51 employees.