American Veterans Thrift Store Inc
EIN: 464079232 · Rehoboth Bch, DE · NTEE: P29
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $958K |
| Net Assets | $159K |
Is American Veterans Thrift Store Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About American Veterans Thrift Store Inc
American Veterans Thrift Store Inc (EIN: 464079232) is a nonprofit organization based in Rehoboth Bch, DE, classified under NTEE code P29. The organization reported total revenue of $1.0M and total assets of $259K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Veterans Thrift Store Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Veterans Thrift Store Inc is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 25.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $988K |
| Total Expenses | $958K |
| Surplus / Deficit | +$30K |
| Total Assets | $320K |
| Total Liabilities | $161K |
| Net Assets | $159K |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 50.3% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, American Veterans Thrift Store Inc reported a surplus of $30K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 50.3% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), American Veterans Thrift Store Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.9% | +16.6% | +7.4% |
| 2022 | +0.7% | -1.1% | +9.4% |
| 2021 | +66.2% | +78.3% | +8.2% |
| 2020 | -4.5% | -12.5% | +351.9% |
| 2019 | +18.0% | +21.1% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1278 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for American Veterans Thrift Store Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Veterans Thrift Store Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.3%.
Frequently Asked Questions about American Veterans Thrift Store Inc
Is American Veterans Thrift Store Inc a legitimate charity?
American Veterans Thrift Store Inc (EIN: 464079232) is a registered tax-exempt nonprofit based in Delaware. It has 10 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: A.
How does American Veterans Thrift Store Inc spend its money?
American Veterans Thrift Store Inc reported $1.0M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to American Veterans Thrift Store Inc tax-deductible?
American Veterans Thrift Store Inc is registered as a tax-exempt nonprofit (EIN: 464079232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American Veterans Thrift Store Inc located?
American Veterans Thrift Store Inc is headquartered in Rehoboth Bch, Delaware and files with the IRS under EIN 464079232. It is classified under NTEE code P29.
How many years of IRS 990 filings does American Veterans Thrift Store Inc have?
American Veterans Thrift Store Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.0M in total revenue.
Filing History
IRS 990 filing history for American Veterans Thrift Store Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), American Veterans Thrift Store Inc's revenue has grown by 690.4%, moving from $125K to $988K. Total assets increased by 1161.9% over the same period, from $25K to $320K. Total functional expenses rose by 577.4%, from $141K to $958K. In its most recent filing year (2023), American Veterans Thrift Store Inc reported a surplus of $30K, with revenue exceeding expenses. The organization holds $161K in liabilities against $320K in assets (debt-to-asset ratio: 50.3%), resulting in net assets of $159K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $988K | $958K | $320K | $161K | — | — |
| 2022 | $853K | $822K | $298K | $169K | — | — |
| 2021 | $847K | $830K | $272K | $174K | — | View 990 |
| 2020 | $509K | $466K | $252K | $170K | — | View 990 |
| 2019 | $533K | $532K | $56K | $18K | — | View 990 |
| 2018 | $452K | $439K | $54K | $18K | — | View 990 |
| 2017 | $354K | $340K | $41K | $17K | — | — |
| 2016 | $251K | $244K | $38K | $32K | — | View 990 |
| 2015 | $206K | $192K | $27K | $29K | — | View 990 |
| 2014 | $125K | $141K | $25K | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $988K, expenses of $958K, and assets of $320K (revenue +15.9% year-over-year).
- 2022: Revenue of $853K, expenses of $822K, and assets of $298K (revenue +0.7% year-over-year).
- 2021: Revenue of $847K, expenses of $830K, and assets of $272K (revenue +66.2% year-over-year).
- 2020: Revenue of $509K, expenses of $466K, and assets of $252K (revenue -4.5% year-over-year).
- 2019: Revenue of $533K, expenses of $532K, and assets of $56K (revenue +18.0% year-over-year).
- 2018: Revenue of $452K, expenses of $439K, and assets of $54K (revenue +27.7% year-over-year).
- 2017: Revenue of $354K, expenses of $340K, and assets of $41K (revenue +41.0% year-over-year).
- 2016: Revenue of $251K, expenses of $244K, and assets of $38K (revenue +21.8% year-over-year).
- 2015: Revenue of $206K, expenses of $192K, and assets of $27K (revenue +64.8% year-over-year).
- 2014: Revenue of $125K, expenses of $141K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Veterans Thrift Store Inc:
Data Sources and Methodology
This transparency report for American Veterans Thrift Store Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.