Thrift Shop

Analysis

Thrift Shop is a registered charity in United States, based in Fort Sill, OK. It received its IRS tax-exemption ruling in March 1982, 44 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 April 2024, Thrift Shop reported income of $309k and spending of $309k, spending 100% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $242k to $309k (+27%), an average of +6.2% a year. The sharpest change came in the year to April 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thrift Shop sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within OK. Charities of a similar size with the same main cause include American Friends of Beer Hatorah Inc ($309k), Wise Penny Inc ($309k) and Steady Strides Riding Center ($309k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $43k. At year end it held assets of $71k against liabilities of $2,280, net assets of $69k. It reported 3 employees.