Chapter 2 Thrift Boutique

Analysis

Chapter 2 Thrift Boutique is a registered charity in United States, based in Forked River, NJ. It received its IRS tax-exemption ruling in January 2021, 5 years ago. 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, Chapter 2 Thrift Boutique reported income of $68k and spending of $62k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $70k to $68k (-3.9%), an average of -2.0% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chapter 2 Thrift Boutique sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include United Way of Harrison County Texas Inc ($68k), 5b Kids Fund Inc ($68k) and Birthright of Albuquerque Inc ($68k).

At year end it held assets of $15k against liabilities of $3,191, net assets of $12k.