Hope Mission Thrift Store Inc

Organization Overview

Hope Mission Thrift Store Inc is located in Morehead City, NC. The organization was established in 2016. 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 12/2023, Hope Mission Thrift Store Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Mission Thrift Store 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 12/2023, Hope Mission Thrift Store Inc generated $592.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $591.8k during the year ending 12/2023. While expenses have increased by 35.8% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ADDRESS THE NEEDS OF POVERTY, HOMELESSNESS, AND SUBSTANCE ABUSE IN CARTERET COUNTY, NC THROUGH THE THRIFT STORE MINISTRY

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE THRIFT STORE HELPED OVER 111 FAMILIES IN 2023 WITH FREE CLOTHING, FURNITURE,AND HOUSEHOLD GOODS THROUGH THE THRIFT STORE MINISTRY


GRANT PROVIDED TO THE HOPE MISSION FOUNDATION FOR USE TOWARDS THEIR CHARITABLE PURPOSE


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Board, Officers & Key Employees

Name (title)Compensation
Jeff Baran
President
$0
Dennis Barber
Vice Preside
$0
William Dupree
Director
$0
Sharon Garner
Secretary
$0
Nate Leonard
Director
$0
Richard Mcintyre
Director
$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$20,658
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$20,658
Total Program Service Revenue$571,482
Investment income $0
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 $592,140

Peer Organizations

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$2,298,617
American Home Furnishings Hall Of Fame Foundation Inc
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Stafford Emergency Relief Through Volunteer Efforts Of Stafford Coun
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Chatham Pta Thrift Shop Inc
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$1,916,795
The Clothes Less Traveled Thrift Shop Inc
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$1,794,928
Seeds Of Mustard Ministries Corporation
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$2,129,492
East Cooper Home Store Inc
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Hand Up Inc
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$1,406,925
Closet Of The Greater Herndon Area Inc
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$1,206,948
We Care Community Services Inc
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Thrifty Sisters
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$943,759
Good Neighbors Thrift Shop Inc
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$1,088,336
One Roof Ecumenical Allianceoutreach Incorporation
Newnan, GA
$875,058
Injoy Thrift Goldsboro Inc
Goldsboro, NC
$941,704
Faith Hope & Charity Recycle Store Inc
Ellijay, GA
$1,045,828
Bargain Box
Hilton Head Island, SC
$872,078
Because He Lives Ministry Inc
Hazlehurst, GA
$790,165
Free Fabrik
Atlanta, GA
$25,687
Mamas House Of Thrift
Lillington, NC
$547,952
Friendly Mission Inc
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$696,501
Goods Recycling Inc
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$700,825

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