Injoy Thrift Goldsboro Inc

Analysis

Injoy Thrift Goldsboro Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Injoy Thrift Goldsboro Inc reported income of $935k and spending of $970k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $540k to $935k (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Injoy Thrift Goldsboro Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Foster the Family ($935k), Exchange Club Center for the Prevention of Child Abuse Mobile ($935k) and L Arche Portland ($934k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $42k (4.3% of expenses). Other salaries and wages came to $374k. At year end it held assets of $183k against liabilities of $9,209, net assets of $174k. It reported 44 employees.