Priceville Community Thrift Store

Analysis

Priceville Community Thrift Store is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in November 2022, 4 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, Priceville Community Thrift Store reported income of $114k and spending of $114k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $64k to $114k (+80%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Priceville Community Thrift Store sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within AL. Charities of a similar size with the same main cause include Seaport Ministries ($114k), Medford Dragstrip Inc ($114k) and American Hai Ninh Community Association ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.