Christian Thrift Store Inc
Christian Thrift Store Inc consistently grows assets with no liabilities and zero officer compensation.
EIN: 205573355 · Wabeno, WI · NTEE: P29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $158K |
| Total Expenses | $127K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $150,000. |
| Net Assets | $199K |
| Transparency Score | 95/100 |
Is Christian Thrift Store Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Christian Thrift Store Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Christian Thrift Store Inc
Christian Thrift Store Inc (EIN: 205573355) is a nonprofit organization based in Wabeno, WI, classified under NTEE code P29. The organization reported total revenue of $158K and total assets of $187K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christian Thrift Store Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Christian Thrift Store Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $127K |
| Surplus / Deficit | +$27K |
| Total Assets | $199K |
| Net Assets | $199K |
| Operating Margin | 17.5% |
| Months of Reserves | 18.8 months |
Financial Health Grade: A
In 2023, Christian Thrift Store Inc reported a surplus of $27K with revenue exceeding expenses, holds 18.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Christian Thrift Store Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | +21.9% | +15.7% |
| 2022 | +14.0% | +11.7% | +43.6% |
| 2021 | +66.2% | +6.9% | +58.0% |
| 2020 | -36.3% | -49.3% | -5.5% |
| 2019 | +3.8% | +101.7% | -34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Christian Thrift Store Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Christian Thrift Store Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization operates without paid officers or that officers are volunteers, which is highly commendable for an organization of its size with revenues around $150,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Christian Thrift Store Inc:
- Consistent asset growth, reaching $198,808 in 2023.
- Zero liabilities reported across all 13 filings, indicating strong financial stability.
- 0% officer compensation reported in all filings, suggesting high efficiency and volunteer leadership.
- Revenue consistently exceeding expenses in recent years (e.g., $154,059 revenue vs. $127,130 expenses in 2023).
- Strong financial transparency with 13 consistent IRS 990 filings.
Frequently Asked Questions about Christian Thrift Store Inc
Is Christian Thrift Store Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Christian Thrift Store Inc (EIN: 205573355) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Christian Thrift Store Inc spend its money?
Christian Thrift Store Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Christian Thrift Store Inc tax-deductible?
Christian Thrift Store Inc is registered as a tax-exempt nonprofit (EIN: 205573355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Christian Thrift Store Inc CEO make?
Christian Thrift Store Inc's highest-compensated officer earns $150,000. annually. The organization reported $158K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Christian Thrift Store Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Christian Thrift Store Inc is above average for NTEE category P29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Christian Thrift Store Inc located?
Christian Thrift Store Inc is headquartered in Wabeno, Wisconsin and files with the IRS under EIN 205573355. It is classified under NTEE code P29.
How many years of IRS 990 filings does Christian Thrift Store Inc have?
Christian Thrift Store Inc has 13 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 $158K in total revenue.
Is Christian Thrift Store Inc a good charity?
Based on the available financial data, Christian Thrift Store Inc appears to be a very good charity. It consistently operates with a surplus, has no liabilities, and reports 0% officer compensation, indicating efficient use of funds and strong financial health.
How does Christian Thrift Store Inc manage its finances?
The organization manages its finances conservatively and effectively. It consistently generates more revenue than expenses, leading to asset growth (e.g., assets grew from $171,879 in 2022 to $198,808 in 2023) and maintains a debt-free status with $0 liabilities across all reported periods.
What is the trend in Christian Thrift Store Inc's revenue and expenses?
Christian Thrift Store Inc has shown a positive trend in revenue growth, increasing from $82,581 in 2020 to $154,059 in 2023. Expenses have also increased but generally at a slower rate than revenue, allowing for consistent net income and asset accumulation in recent years.
Filing History
IRS 990 filing history for Christian Thrift Store Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Christian Thrift Store Inc's revenue has grown by 69.1%, moving from $91K to $154K. Total assets increased by 176% over the same period, from $72K to $199K. Total functional expenses rose by 63.3%, from $78K to $127K. In its most recent filing year (2023), Christian Thrift Store Inc reported a surplus of $27K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $127K | $199K | $0 | — | — |
| 2022 | $156K | $104K | $172K | $0 | — | View 990 |
| 2021 | $137K | $93K | $120K | $0 | — | View 990 |
| 2020 | $83K | $87K | $76K | $0 | — | View 990 |
| 2019 | $130K | $172K | $80K | $0 | — | View 990 |
| 2018 | $125K | $85K | $123K | $1K | — | View 990 |
| 2017 | $105K | $117K | $84K | $2K | — | View 990 |
| 2016 | $111K | $99K | $96K | $2K | — | View 990 |
| 2015 | $110K | $92K | $84K | $3K | — | View 990 |
| 2014 | $97K | $100K | $67K | $4K | — | View 990 |
| 2013 | $96K | $111K | $69K | $2K | — | View 990 |
| 2012 | $100K | $88K | $83K | $2K | — | View 990 |
| 2011 | $91K | $78K | $72K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $127K, and assets of $199K (revenue -1.5% year-over-year).
- 2022: Revenue of $156K, expenses of $104K, and assets of $172K (revenue +14.0% year-over-year).
- 2021: Revenue of $137K, expenses of $93K, and assets of $120K (revenue +66.2% year-over-year).
- 2020: Revenue of $83K, expenses of $87K, and assets of $76K (revenue -36.3% year-over-year).
- 2019: Revenue of $130K, expenses of $172K, and assets of $80K (revenue +3.8% year-over-year).
- 2018: Revenue of $125K, expenses of $85K, and assets of $123K (revenue +18.8% year-over-year).
- 2017: Revenue of $105K, expenses of $117K, and assets of $84K (revenue -5.0% year-over-year).
- 2016: Revenue of $111K, expenses of $99K, and assets of $96K (revenue +0.4% year-over-year).
- 2015: Revenue of $110K, expenses of $92K, and assets of $84K (revenue +14.2% year-over-year).
- 2014: Revenue of $97K, expenses of $100K, and assets of $67K (revenue +0.7% year-over-year).
- 2013: Revenue of $96K, expenses of $111K, and assets of $69K (revenue -3.7% year-over-year).
- 2012: Revenue of $100K, expenses of $88K, and assets of $83K (revenue +9.4% year-over-year).
- 2011: Revenue of $91K, expenses of $78K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Christian Thrift Store Inc:
Data Sources and Methodology
This transparency report for Christian 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.