New Life Thrift Store Ltd is located in Auburn, PA. 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. New Life Thrift Store Ltd 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, New Life Thrift Store Ltd generated $129.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $126.6k during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 3 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ALL OF THE ORGANIZATIONS PROFITS ARE REQUIRED BY ITS ORGANIZATION DOCUMENT TO BE DISTRIBUTED TO SPECIFIED ORGANIZATIONS THAT ARE DESCRIBED IN SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $129,080 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $129,080 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $69,404 |
Professional fees and other payments to independent contractors | $1,675 |
Occupancy, rent, utilities, and maintenance | $33,865 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,567 |
Total expenses | $126,613 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,283 |
Other assets | $0 |
Total assets | $16,374 |
Total liabilities | $39,290 |
Net assets or fund balances | -$22,916 |
Organization Name | Assets | Revenue |
---|---|---|
Community Aid Inc Mechanicsburg, PA | $17,361,650 | $17,026,124 |
College Auxiliary Services Inc Plattsburgh, NY | $10,944,939 | $10,630,760 |
Housing Works Thrift Shop Inc Brooklyn, NY | $24,908,354 | $9,982,501 |
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 |