Hill Thrift Shop Inc

Analysis

Hill Thrift Shop Inc is a registered charity in United States, based in Hill Afb, UT. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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 May 2024, Hill Thrift Shop Inc reported income of $77k and spending of $68k, spending 88% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $97k to $77k (-21%), an average of -4.7% a year. The sharpest change came in the year to May 2022, when income rose by 245%. 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, Hill Thrift Shop Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within UT. Charities of a similar size with the same main cause include Little League Baseball Inc ($76k), Western Pa Pullin 4 a Purpose Inc ($77k) and Sarasota County 4h Foundation Inc ($76k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 5.1% of the total. Other salaries and wages came to $46k. At year end it held assets of $100k against liabilities of $22k, net assets of $78k. It reported 4 employees.