MCB Thrift Stores

Analysis

MCB Thrift Stores is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in October 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 August 2023, MCB Thrift Stores reported income of $475k and spending of $494k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $663k to $475k (-28%), an average of -8.0% a year. The sharpest change came in the year to August 2020, when income dropped by 24%. 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, MCB Thrift Stores sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Jones Regional Medical Center Foundation ($475k), Family Run Executive Director Leadership Association ($475k) and Christian Family Services of the Midwest Inc ($475k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.5% of the total. Compensation of current officers, directors and key employees was $49k (10.0% of expenses). Other salaries and wages came to $190k. At year end it held assets of $33k against liabilities of $8,750, net assets of $24k. It reported 13 employees.