Osprey Village Thrift Stores LLC

Analysis

Osprey Village Thrift Stores LLC is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Osprey Village Thrift Stores LLC reported income of $442k and spending of $421k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $364k to $442k (+21%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Osprey Village Thrift Stores LLC sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within SC. Charities of a similar size with the same main cause include Faith Based and Community Initiatives Foundation ($442k), Primrose Schools Childrens Foundation Inc ($442k) and Community Health Alliance ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. Other salaries and wages came to $159k. At year end it held assets of $255k against liabilities of $147k, net assets of $108k. It reported 6 employees.