Mission Thrift Store

Analysis

Mission Thrift Store is a registered charity in United States, based in Topton, NC. It received its IRS tax-exemption ruling in March 2007, 19 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, Mission Thrift Store reported income of $65k and spending of $56k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $65k (-19%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mission Thrift Store sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within NC. Charities of a similar size with the same main cause include Carlinville Churches Good Samaritans Ministry ($65k), Wild Horse Native American Association ($65k) and Miracle for Mom ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $68k against liabilities of $17k, net assets of $51k.