Blue Mitten Thrift Shop
- Assets
- $59.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westerly, RI
- Founding
- 09/1994
- Data as of
- 12/2021
- EIN
- 22-2509176
Organization Overview
Blue Mitten Thrift Shop is located in Westerly, RI. The organization was established in 1994. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Mitten Thrift Shop is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Blue Mitten Thrift Shop generated $163.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $148.1k during the year ending 12/2021. While expenses have increased by 11.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE NET PROCEEDS FROM THE THRIFT STORE ARE USED TO PROVIDE FUNDING FOR THE CHORUS OF WESTERLY, WHICH IS A 501(C) 3 ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Mac Richardson President | 8 | $0 | |
Martha Minich Director | 8 | $0 | |
Kathy Blackburn Director | 2 | $0 | |
Lisa Mcclure Director | 2 | $0 | |
Rose Russo Director | 8 | $0 | |
Catherine Hewitt Secretary | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,940 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,236 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,954 |
| Professional fees and other payments to independent contractors | $625 |
| Occupancy, rent, utilities, and maintenance | $26,423 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,119 |
| Total expenses | $148,121 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,132 |
| Other assets | $0 |
| Total assets | $59,102 |
| Total liabilities | $1,412 |
| Net assets or fund balances | $57,690 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Lynn Senior Services Inc Lynn, MA | $20,073,242 | $40,529,728 |
Cradles To Crayons Inc Newton, MA | $31,992,503 | $35,925,476 |
Wellspring Inc Hull, MA | $3,076,333 | $2,143,691 |
Leeward Charitable Foundation Inc Salisbury, MA | $1,114,900 | $1,587,888 |
Hospital Thrift Shop Nantucket, MA | $873,056 | $917,813 |
Ridgefield Thrift Shop Inc Ridgefield, CT | $812,308 | $908,350 |
Guilford A Better Chance Inc Guilford, CT | $1,168,167 | $433,191 |
Ruths House Inc Haverhill, MA | $719,429 | $420,511 |
Thrift Shop Of Boston Inc Boston, MA | $463,981 | $608,764 |
Magic Hat Thrift Shop Inc Marblehead, MA | $101,653 | $284,415 |
Scotty Fund Inc Bethel, CT | $726,589 | $257,682 |
Valley Thrift Store Inc North Grafton, MA | $105,960 | $253,268 |