Dav Thrift Stores Inc

Analysis

Dav Thrift Stores Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2020, Dav Thrift Stores Inc reported income of $1.6m and spending of $1.7m, spending 111% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income fell from $2.0m to $1.6m (-20%), an average of -20% a year. The sharpest change came in the year to June 2020, when income dropped by 20%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dav Thrift Stores Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KS. Charities of a similar size with the same main cause include Young Mens Christian Association of Brookville Pa ($1.6m), Canton Electrical Joint Apprenticeship & Training Committe ($1.6m) and San Francisco Women Against Rape ($1.6m).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 0.5% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.1m against liabilities of $978k, net assets of $82k. It reported 145 employees.