Penny-Wise Charities Southwest Inc
- Assets
- $101.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sun City, AZ
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 47-1671164
Organization Overview
Penny-Wise Charities Southwest Inc is located in Sun City, AZ. The organization was established in 2015. 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. Penny-Wise Charities Southwest 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, Penny-Wise Charities Southwest Inc generated $96.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $145.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING ITEMS FOR MINIMAL PURCHASE BY THE LESS FORTUNATE OF SOCIETY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $96,510 |
| Membership dues | $0 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,532 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,263 |
| Professional fees and other payments to independent contractors | $3,185 |
| Occupancy, rent, utilities, and maintenance | $48,400 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,678 |
| Total expenses | $145,526 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,069 |
| Other assets | $0 |
| Total assets | $101,732 |
| Total liabilities | $179,146 |
| Net assets or fund balances | -$77,414 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Penny-Wise Charities Southwest Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Of Santa Barbara And Ventura Counties Oxnard, CA | $36,147,815 | $36,387,219 |
Tabithas Way Spanish Fork, UT | $2,745,428 | $6,667,027 |
Sunshine Acres Boutique & Donation Center Inc Mesa, AZ | $1,532,398 | $4,929,389 |
Achievement House Inc San Luis Obispo, CA | $9,588,064 | $4,686,736 |
Vail Valley Cares Inc Edwards, CO | $3,973,147 | $3,753,850 |
3 Way Thrift Store Inc Chino, CA | $3,968,931 | $4,164,171 |
Big Brothers Big Sisters Of Central New Mexico Donation Center Inc Albuquerque, NM | $1,509,034 | $2,745,299 |
St Vincent De Paul Society Archdiocese Of Santa Fe Albuquerque, NM | $3,073,057 | $2,711,776 |
Golden Goose Thrift Shop Tucson, AZ | $3,626,680 | $2,329,296 |
Tavern Guild Foundation Of San Francisco Inc San Francisco, CA | $1,608,294 | $2,133,218 |
Neighborhood Industries Fresno, CA | $1,638,421 | $2,277,011 |
Desert Thrift Shop Inc Mesa, AZ | $1,710,826 | $1,738,589 |