Anaconda Thrift Center

Analysis

Anaconda Thrift Center is a registered charity in United States, based in Anaconda, MT. It received its IRS tax-exemption ruling in October 1977, 49 years ago. 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 December 2023, Anaconda Thrift Center reported income of $185k and spending of $165k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $185k (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Anaconda Thrift Center sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MT. Charities of a similar size with the same main cause include Rossmoor Rotary Foundation ($185k), Kentucky Communities Housing Corporation ($185k) and Operation Blessing of Johnson County Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. Other salaries and wages came to $129k. At year end it held assets of $185k against liabilities of $3,691, net assets of $182k. It reported 8 employees.