Karnes County Christian Thrift Center Inc

Analysis

Karnes County Christian Thrift Center Inc is a registered charity in United States, based in Kenedy, TX. It received its IRS tax-exemption ruling in September 1997, 29 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, Karnes County Christian Thrift Center Inc reported income of $69k and spending of $41k, leaving 40% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $51k to $69k (+34%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Karnes County Christian Thrift Center Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Strength & Honor Motorcycle Club of Virginia Inc ($69k), Society of St Vincent de Paul Conference ($69k) and Kids Closet of Duluth ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.