A Plus Thrift Shop for Education Corporation

Analysis

A Plus Thrift Shop for Education Corporation is a registered charity in United States, based in Merritt Is, FL. It received its IRS tax-exemption ruling in January 2002, 24 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 August 2023, A Plus Thrift Shop for Education Corporation reported income of $311k and spending of $296k, spending 95% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $247k to $311k (+26%), an average of +8.0% a year. The sharpest change came in the year to August 2021, when income rose by 30%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Plus Thrift Shop for Education Corporation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Alaska Run for Women ($311k), Greene County Pregnancy Care Center Inc ($311k) and Mission to Children Inc ($311k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $117k. At year end it held assets of $159k against liabilities of $0, net assets of $159k.