Consider the Lilies Thrift Shop Inc

Analysis

Consider the Lilies Thrift Shop Inc is a registered charity in United States, based in High Springs, FL. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Consider the Lilies Thrift Shop Inc reported income of $130k and spending of $125k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $130k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Consider the Lilies Thrift Shop Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Morningside Area Alliance Inc ($130k), Startwheel Corp ($130k) and Tomball Rotary Foundation ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.