City Thrift Shop Inc
- Assets
- $10.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reading, PA
- Founding
- 06/2008
- Data as of
- 12/2020
- EIN
- 26-1131987
Organization Overview
City Thrift Shop Inc is located in Reading, PA. The organization was established in 2008. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City 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 12/2020, City Thrift Shop Inc generated $53.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $52.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,094 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,810 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,000 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $37,280 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,026 |
| Total expenses | $52,656 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128 |
| Other assets | $0 |
| Total assets | $10,590 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,590 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hgi Stores And Services Inc Hagerstown, MD | $292,936 | $9,218,264 |
Notre Dame Volunteer Corporation Baltimore, MD | $6,449,561 | $5,367,292 |
Good Stuff Thrift Inc Doylestown, PA | $2,101,495 | $5,010,177 |
Care & Share Shoppes Inc Souderton, PA | $2,058,352 | $4,451,061 |
Ephrata Re-Uzit Stores Ephrata, PA | $6,311,109 | $3,655,215 |
Ten Up Ministries Thrift Store Scott Depot, WV | $2,455,437 | $3,085,165 |
Philadelphia Aids Thrift Philadelphia, PA | $1,958,783 | $1,805,972 |
Housing Works Used Book Cafe Inc Brooklyn, NY | $1,257,687 | $417,079 |
The Re Uzit Shop Of New Holland Inc New Holland, PA | $2,326,308 | $1,999,699 |
Thriftology Inc Fredericksburg, OH | $865,769 | $1,716,371 |
St Vincent De Paul Charitable Enterprises Inc Dayton, OH | $1,036,487 | $913,920 |
Second Harvest Pittsburgh, PA | $2,255,923 | $1,056,988 |