Chatham PTA Thrift Shop Inc

Analysis

Chatham PTA Thrift Shop Inc is a registered charity in United States, based in Siler City, NC. It received its IRS tax-exemption ruling in March 1984, 42 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 June 2024, Chatham PTA Thrift Shop Inc reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.9m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chatham PTA Thrift Shop Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Jane Doe Inc a Massachusetts Coalition Against Sexual Assualt ($1.9m), Family and Childrens Service of the Capital Region Inc ($1.9m) and Cia Siab Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $770k. At year end it held assets of $1.0m against liabilities of $620k, net assets of $423k. It reported 54 employees.