Osu Folk Club Thrift Shop Inc Attn Bookkeeper

Analysis

Osu Folk Club Thrift Shop Inc Attn Bookkeeper is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in August 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, Osu Folk Club Thrift Shop Inc Attn Bookkeeper reported income of $161k and spending of $177k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $128k to $161k (+26%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Osu Folk Club Thrift Shop Inc Attn Bookkeeper sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within OR. Charities of a similar size with the same main cause include Ach Landowner III ($161k), Housing and Opportunity Foundation of Kern ($161k) and Asi Willmar Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.1% of the total. At year end it held assets of $453k against liabilities of $22k, net assets of $431k.