Defiance Thrift Store

Analysis

Defiance Thrift Store is a registered charity in United States, based in Glenwood SPGS, CO. It received its IRS tax-exemption ruling in May 1998, 28 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, Defiance Thrift Store reported income of $304k and spending of $293k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $304k (+12%), an average of +2.9% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Defiance Thrift Store sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CO. Charities of a similar size with the same main cause include HFL Palms Court ($304k), Scott County Senior Citizens Inc ($304k) and East Valley Properties Inc ($304k).

Other salaries and wages came to $143k. At year end it held assets of $560k against liabilities of $200k, net assets of $360k. It reported 10 employees.