Posey County Thrift Shop Inc

Organization Overview

Posey County Thrift Shop Inc is located in Mount Vernon, IN. The organization was established in 1970. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 12/2021, Posey County Thrift Shop Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Posey County Thrift Shop Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Posey County Thrift Shop Inc generated $259.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $225.3k during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES USED CLOTHING, HOUSEHOLD & OTHER ITEMS TO NEEDY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROCESSING OF USED CLOTHING & OTHER USED ITEMS TO LOW INCOME INDIVIDUALS AT MINIMAL COST


PROCESSED CLOTHING AND ITEMS ARE DONATED TO CHURCHES, MISSIONS AND CHARITIES


IN ADDITION TO SUPPLYING CHURCHES & MISSIONS, THE SHOP SUPPLIES THE HOMELESS & NEEDY. FLOOD & FIRE VICTIMS RECEIVE CLOTHING AND HOUSEHOLD ITMES AT NO COST


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Board, Officers & Key Employees

Name (title)Compensation
Karla Wolf
Store Manager
$47,792
Kaye Bippus
President
$0
Larry Langer
Treasurer
$0
Cheven May
Vice President
$0
Jane Norris
Secretary
$0
Jake Warrum
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$13,003
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$13,003
Total Program Service Revenue$245,249
Investment income $1,091
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $259,343

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