Buford Community Thrift Shop Inc

Analysis

Buford Community Thrift Shop Inc is a registered charity in United States, based in Buford, GA. It received its IRS tax-exemption ruling in December 2004, 22 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, Buford Community Thrift Shop Inc reported income of $95k and spending of $70k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $95k (+12%), an average of +12% a year. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Buford Community Thrift Shop Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within GA. Charities of a similar size with the same main cause include The Albuquerque Chapter of the Military Officers Association of a ($95k), Holy Cross Conference of the Society of St Vincent de Paul ($95k) and Ebf Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 98% of the total. At year end it held assets of $156k against liabilities of $16k, net assets of $140k.