Lucky Dog Thrift Store Inc

Analysis

Lucky Dog Thrift Store Inc is a registered charity in United States, based in Driggs, ID. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, Lucky Dog Thrift Store Inc reported income of $366k and spending of $216k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2018 to December 2023, income grew from $30k to $366k (+1126%), an average of +250% a year. The sharpest change came in the year to December 2022, when income rose by 522%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lucky Dog Thrift Store Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within ID. Charities of a similar size with the same main cause include A Shinning Stars Early Learning Center Inc ($366k), Muslim Center of Somerset County ($366k) and Signal Farms Foundation Inc ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (22% of expenses). Other salaries and wages came to $34k. At year end it held assets of $230k against liabilities of $1,732, net assets of $228k. It reported 2 employees.