West Valley Lutheran Thrift Shop Inc

Analysis

West Valley Lutheran Thrift Shop Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 1994, 32 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, West Valley Lutheran Thrift Shop Inc reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $957k to $1.1m (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, West Valley Lutheran Thrift Shop Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within AZ. Charities of a similar size with the same main cause include Seasoned Women Inc ($1.1m), Childrens Garden of Learning ($1.1m) and Community Projects Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% of the total. Other salaries and wages came to $181k. At year end it held assets of $827k against liabilities of $18k, net assets of $809k. It reported 5 employees.