Western Harnett Overhills Area Pto Thrift Store
EIN: 262025756 · Sanford, NC · NTEE: B12
Is Western Harnett Overhills Area Pto Thrift Store Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Western Harnett Overhills Area Pto Thrift Store
Western Harnett Overhills Area Pto Thrift Store (EIN: 262025756) is a nonprofit organization based in Sanford, NC, classified under NTEE code B12. The organization reported total revenue of $757K and total assets of $193K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Harnett Overhills Area Pto Thrift Store's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Harnett Overhills Area Pto Thrift Store is a small nonprofit that has been operating for 3 years, with 12 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $809K |
| Total Expenses | $775K |
| Surplus / Deficit | +$34K |
| Total Assets | $318K |
| Net Assets | $318K |
| Operating Margin | 4.2% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2023, Western Harnett Overhills Area Pto Thrift Store reported a surplus of $34K with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2010–2023), Western Harnett Overhills Area Pto Thrift Store's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.9% | +13.5% | +11.9% |
| 2022 | +0.6% | +13.8% | +13.4% |
| 2021 | +38.8% | +10.9% | -16.9% |
| 2020 | -13.4% | -1.8% | -8.6% |
| 2019 | +5.3% | +9.1% | +14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Western Harnett Overhills Area Pto Thrift Store 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 Western Harnett Overhills Area Pto Thrift Store 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 $34K, with revenue exceeding expenses.
Frequently Asked Questions about Western Harnett Overhills Area Pto Thrift Store
Is Western Harnett Overhills Area Pto Thrift Store a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Harnett Overhills Area Pto Thrift Store (EIN: 262025756) insufficient data. 0 red flags identified, 0 strengths noted.
How does Western Harnett Overhills Area Pto Thrift Store spend its money?
Detailed spending breakdown data is not yet available for Western Harnett Overhills Area Pto Thrift Store. Check back for updated IRS 990 analysis.
Are donations to Western Harnett Overhills Area Pto Thrift Store tax-deductible?
Western Harnett Overhills Area Pto Thrift Store is registered as a tax-exempt nonprofit (EIN: 262025756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Western Harnett Overhills Area Pto Thrift Store showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2023), Western Harnett Overhills Area Pto Thrift Store's revenue has grown by 479.9%, moving from $139K to $809K. Total assets increased by 147.5% over the same period, from $129K to $318K. Total functional expenses rose by 666.8%, from $101K to $775K. In its most recent filing year (2023), Western Harnett Overhills Area Pto Thrift Store reported a surplus of $34K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $809K | $775K | $318K | $0 | — | View 990 |
| 2022 | $716K | $683K | $284K | $0 | — | View 990 |
| 2021 | $712K | $600K | $251K | $0 | — | — |
| 2020 | $512K | $541K | $302K | $0 | — | — |
| 2019 | $592K | $551K | $330K | $0 | — | — |
| 2018 | $562K | $505K | $289K | $0 | — | — |
| 2016 | $440K | $434K | $209K | $0 | — | — |
| 2015 | $337K | $333K | $202K | $0 | — | View 990 |
| 2014 | $294K | $288K | $204K | $0 | — | View 990 |
| 2012 | $228K | $213K | $219K | $127K | — | View 990 |
| 2011 | $212K | $136K | $218K | $127K | — | View 990 |
| 2010 | $139K | $101K | $129K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $809K, expenses of $775K, and assets of $318K (revenue +12.9% year-over-year).
- 2022: Revenue of $716K, expenses of $683K, and assets of $284K (revenue +0.6% year-over-year).
- 2021: Revenue of $712K, expenses of $600K, and assets of $251K (revenue +38.8% year-over-year).
- 2020: Revenue of $512K, expenses of $541K, and assets of $302K (revenue -13.4% year-over-year).
- 2019: Revenue of $592K, expenses of $551K, and assets of $330K (revenue +5.3% year-over-year).
- 2018: Revenue of $562K, expenses of $505K, and assets of $289K (revenue +27.6% year-over-year).
- 2016: Revenue of $440K, expenses of $434K, and assets of $209K (revenue +30.6% year-over-year).
- 2015: Revenue of $337K, expenses of $333K, and assets of $202K (revenue +14.8% year-over-year).
- 2014: Revenue of $294K, expenses of $288K, and assets of $204K (revenue +28.7% year-over-year).
- 2012: Revenue of $228K, expenses of $213K, and assets of $219K (revenue +7.7% year-over-year).
- 2011: Revenue of $212K, expenses of $136K, and assets of $218K (revenue +51.9% year-over-year).
- 2010: Revenue of $139K, expenses of $101K, and assets of $129K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Harnett Overhills Area Pto Thrift Store:
Data Sources and Methodology
This transparency report for Western Harnett Overhills Area Pto Thrift Store 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.