Thrifty Attic Inc
EIN: 30280339 · Londonderry, VT
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $67K |
| Net Assets | $9K |
Is Thrifty Attic Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thrifty Attic Inc
Thrifty Attic Inc (EIN: 30280339) is a nonprofit organization based in Londonderry, VT. The organization reported total revenue of $150K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thrifty Attic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thrifty Attic Inc is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $67K |
| Surplus / Deficit | +$5K |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | 7.1% |
| Months of Reserves | 1.6 months |
Financial Health Grade: A
In 2023, Thrifty Attic Inc reported a surplus of $5K with revenue exceeding expenses, holds 1.6 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Thrifty Attic Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.5% | +4.2% | +136.3% |
| 2022 | +46.8% | +49.6% | -25.6% |
| 2021 | +169.2% | +218.5% | +3.5% |
| 2020 | -79.1% | -82.0% | +100.5% |
| 2019 | -1.1% | -7.2% | +216.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thrifty Attic 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 Thrifty Attic 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 $5K, with revenue exceeding expenses.
Frequently Asked Questions about Thrifty Attic Inc
Is Thrifty Attic Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Thrifty Attic Inc (EIN: 30280339) insufficient data. 0 red flags identified, 0 strengths noted.
How does Thrifty Attic Inc spend its money?
Detailed spending breakdown data is not yet available for Thrifty Attic Inc. Check back for updated IRS 990 analysis.
Are donations to Thrifty Attic Inc tax-deductible?
Thrifty Attic Inc is registered as a tax-exempt nonprofit (EIN: 30280339). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thrifty Attic Inc located?
Thrifty Attic Inc is headquartered in Londonderry, Vermont and files with the IRS under EIN 30280339.
How many years of IRS 990 filings does Thrifty Attic Inc have?
Thrifty Attic 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 $150K in total revenue.
Filing History
IRS 990 filing history for Thrifty Attic Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Thrifty Attic Inc's revenue has grown by 2.3%, moving from $70K to $72K. Total assets increased by 301.1% over the same period, from $2K to $9K. Total functional expenses fell by 6.7%, from $71K to $67K. In its most recent filing year (2023), Thrifty Attic Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $67K | $9K | $0 | — | View 990 |
| 2022 | $63K | $64K | $4K | $0 | — | View 990 |
| 2021 | $43K | $43K | $5K | $0 | — | View 990 |
| 2020 | $16K | $13K | $5K | $0 | — | View 990 |
| 2019 | $76K | $74K | $2K | $0 | — | View 990 |
| 2018 | $77K | $80K | $765 | $0 | — | View 990 |
| 2017 | $80K | $82K | $4K | $0 | — | View 990 |
| 2016 | $80K | $78K | $6K | $0 | — | View 990 |
| 2015 | $73K | $74K | $4K | $0 | — | View 990 |
| 2014 | $72K | $67K | $6K | $0 | — | View 990 |
| 2013 | $75K | $80K | $908 | $0 | — | View 990 |
| 2012 | $76K | $73K | $6K | $0 | — | View 990 |
| 2011 | $70K | $71K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $67K, and assets of $9K (revenue +14.5% year-over-year).
- 2022: Revenue of $63K, expenses of $64K, and assets of $4K (revenue +46.8% year-over-year).
- 2021: Revenue of $43K, expenses of $43K, and assets of $5K (revenue +169.2% year-over-year).
- 2020: Revenue of $16K, expenses of $13K, and assets of $5K (revenue -79.1% year-over-year).
- 2019: Revenue of $76K, expenses of $74K, and assets of $2K (revenue -1.1% year-over-year).
- 2018: Revenue of $77K, expenses of $80K, and assets of $765 (revenue -3.7% year-over-year).
- 2017: Revenue of $80K, expenses of $82K, and assets of $4K (revenue -0.3% year-over-year).
- 2016: Revenue of $80K, expenses of $78K, and assets of $6K (revenue +10.2% year-over-year).
- 2015: Revenue of $73K, expenses of $74K, and assets of $4K (revenue +0.7% year-over-year).
- 2014: Revenue of $72K, expenses of $67K, and assets of $6K (revenue -4.2% year-over-year).
- 2013: Revenue of $75K, expenses of $80K, and assets of $908 (revenue -1.4% year-over-year).
- 2012: Revenue of $76K, expenses of $73K, and assets of $6K (revenue +9.1% year-over-year).
- 2011: Revenue of $70K, expenses of $71K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thrifty Attic Inc:
Data Sources and Methodology
This transparency report for Thrifty Attic 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.