Risen Thrift Inc

Analysis

Risen Thrift Inc is a registered charity in United States, based in Danville, OH. It received its IRS tax-exemption ruling in June 2021, 5 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, Risen Thrift Inc reported income of $198k and spending of $194k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $162k to $198k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Risen Thrift Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Bountiful Blessings Food Pantry ($198k), Antigo Area Community Food Pantry Inc ($198k) and Salt City Harvest Farm Inc ($198k).

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 $27k against liabilities of $0, net assets of $27k.