Overflow Community Thrift Store

Analysis

Overflow Community Thrift Store is a registered charity in United States, based in Shoreview, MN. It received its IRS tax-exemption ruling in March 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, Overflow Community Thrift Store reported income of $126k and spending of $99k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $77k to $126k (+62%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Overflow Community Thrift Store sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Special Kids of N Y ($126k), Mobile Ministries Inc ($126k) and Westland Adams Management Corporation ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $51k (51% of expenses). At year end it held assets of $69k against liabilities of $0, net assets of $69k.