Sitka White Elephant Shop Inc

Analysis

Sitka White Elephant Shop Inc is a registered charity in United States, based in Sitka, AK. It received its IRS tax-exemption ruling in December 1993, 33 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, Sitka White Elephant Shop Inc reported income of $256k and spending of $184k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $256k (+132%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sitka White Elephant Shop Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 53rd percentile within AK. Charities of a similar size with the same main cause include Fertile Groundworks ($256k), Funraisers for St Jude Inc ($256k) and Transitional Housing Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $41k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 2 employees.