Second Impressions Thrift Store Inc

Analysis

Second Impressions Thrift Store Inc is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 April 2024, Second Impressions Thrift Store Inc reported income of $820k and spending of $598k, leaving 27% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $265k to $820k (+210%), an average of +33% a year. The sharpest change came in the year to April 2021, when income rose by 46%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Second Impressions Thrift Store Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Lantern Network ($819k), JL Apter Memorial Chapels Inc ($820k) and Mount Zion First Baptist Church ($819k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 0.6% of the total. Other salaries and wages came to $125k. At year end it held assets of $730k against liabilities of $7,626, net assets of $722k. It reported 7 employees.