Building Material Thrift Store

Analysis

Building Material Thrift Store is a registered charity in United States, based in Bellevue, ID. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Building Material Thrift Store reported income of $441k and spending of $385k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $374k to $441k (+18%), an average of +8.6% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Building Material Thrift Store sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within ID. Charities of a similar size with the same main cause include Indiana Audubon Society Inc ($441k), Michigan Turfgrass Foundation C/O Dept of Crop & Soil Science ($441k) and Lake Katherine Nature Center and Botanic Gardens ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% of the total. Compensation of current officers, directors and key employees was $83k (21% of expenses). Other salaries and wages came to $91k. At year end it held assets of $148k against liabilities of $12k, net assets of $136k. It reported 10 employees.