Sjumc Thrift Shop Inc

Analysis

Sjumc Thrift Shop Inc is a registered charity in United States, based in Newport, NC. It received its IRS tax-exemption ruling in August 2009, 17 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 December 2023, Sjumc Thrift Shop Inc reported income of $199k and spending of $260k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $199k (+9.1%), an average of +9.1% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sjumc Thrift Shop Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Iuoe Local 150 Scholarship Fund Inc ($199k), Mission of Hope Ministries ($199k) and Napa Womens Center ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.9% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.