Community Thrift Shop Inc

Analysis

Community Thrift Shop Inc is a registered charity in United States, based in Flora, IN. It received its IRS tax-exemption ruling in September 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, Community Thrift Shop Inc reported income of $115k and spending of $120k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $115k (+13%), an average of +13% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Thrift Shop Inc 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 38th percentile within IN. Charities of a similar size with the same main cause include Bethany Outreach Center ($115k), Friends of Lucas County Children Services ($115k) and Azra Munir Welfare Foundation ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.3% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.