West End Thrift Store Inc
EIN: 812974338 · Richmond, VA · NTEE: X11
| Metric | Value |
|---|---|
| Total Revenue | $657K |
| Total Expenses | $229K |
| Net Assets | $194K |
Is West End 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 West End Thrift Store Inc
West End Thrift Store Inc (EIN: 812974338) is a nonprofit organization based in Richmond, VA, classified under NTEE code X11. The organization reported total revenue of $657K and total assets of $129K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West End Thrift Store Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West End Thrift Store Inc is a small nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2016–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $293K |
| Total Expenses | $229K |
| Surplus / Deficit | +$65K |
| Total Assets | $194K |
| Net Assets | $194K |
| Operating Margin | 22.0% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2024, West End Thrift Store Inc reported a surplus of $65K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -7.1% | -1.3% | +49.8% |
| 2023 | +8.7% | +13.2% | -27.5% |
| 2022 | +30.7% | +13.6% | +80.8% |
| 2021 | +7.0% | -25.3% | +63.3% |
| 2020 | -14.5% | -1.5% | -38.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for West End 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 West End 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $65K, with revenue exceeding expenses.
Frequently Asked Questions about West End Thrift Store Inc
Is West End Thrift Store Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, West End Thrift Store Inc (EIN: 812974338) insufficient data. 0 red flags identified, 0 strengths noted.
How does West End Thrift Store Inc spend its money?
Detailed spending breakdown data is not yet available for West End Thrift Store Inc. Check back for updated IRS 990 analysis.
Are donations to West End Thrift Store Inc tax-deductible?
West End Thrift Store Inc is registered as a tax-exempt nonprofit (EIN: 812974338). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is West End Thrift Store Inc located?
West End Thrift Store Inc is headquartered in Richmond, Virginia and files with the IRS under EIN 812974338. It is classified under NTEE code X11.
How many years of IRS 990 filings does West End Thrift Store Inc have?
West End Thrift Store Inc has 9 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 $657K in total revenue.
Filing History
IRS 990 filing history for West End Thrift Store Inc showing financial trends over 9 years of public records:
Total assets decreased by 10% over the same period, from $216K to $194K. Total functional expenses rose by 633.6%, from $31K to $229K. In its most recent filing year (2024), West End Thrift Store Inc reported a surplus of $65K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $293K | $229K | $194K | $0 | — | View 990 |
| 2023 | $316K | $232K | $130K | $0 | — | View 990 |
| 2022 | $291K | $205K | $179K | $133K | — | View 990 |
| 2021 | $222K | $180K | $99K | $139K | — | — |
| 2020 | $208K | $241K | $61K | $143K | — | View 990 |
| 2019 | $243K | $245K | $99K | $148K | — | View 990 |
| 2018 | $477K | $432K | $103K | $147K | — | View 990 |
| 2017 | $126K | $183K | $159K | $247K | — | View 990 |
| 2016 | $0 | $31K | $216K | $247K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $293K, expenses of $229K, and assets of $194K (revenue -7.1% year-over-year).
- 2023: Revenue of $316K, expenses of $232K, and assets of $130K (revenue +8.7% year-over-year).
- 2022: Revenue of $291K, expenses of $205K, and assets of $179K (revenue +30.7% year-over-year).
- 2021: Revenue of $222K, expenses of $180K, and assets of $99K (revenue +7.0% year-over-year).
- 2020: Revenue of $208K, expenses of $241K, and assets of $61K (revenue -14.5% year-over-year).
- 2019: Revenue of $243K, expenses of $245K, and assets of $99K (revenue -49.0% year-over-year).
- 2018: Revenue of $477K, expenses of $432K, and assets of $103K (revenue +278.1% year-over-year).
- 2017: Revenue of $126K, expenses of $183K, and assets of $159K.
- 2016: Revenue of $0, expenses of $31K, and assets of $216K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West End Thrift Store Inc:
Data Sources and Methodology
This transparency report for West End 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.