Overview

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Est.

2005

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Community Closet Inc, a nonprofit organization based in Park County, Montana, focuses on public works and job preparation through fundraising efforts at its thrift shop. With an operating budget of $884.3K and total revenue of $1.2M for the filing year 2024, the organization has distributed over $500,000 to support economically disadvantaged individuals and groups since its inception, while also promoting sustainability by providing affordable clothing and household goods and recycling unusable items. Community Closet Inc does not rely on a single funder for 50% or more of its revenue.

Mission Statement

THE ORGANIZATION RAISES MONEY THROUGH SALES AT A THRIFT SHOP. FUNDS ARE DISTRIBUTED EACH YEAR TO INDIVIDUALS AND ORGANIZATIONS IN THE COMMUNITY. THE COMMUNITY CLOSET SERVES THE ECONOMICALLY DISADVANTAGED RURAL AREA OF PARK COUNTY, MONTANA. THE ORGANIZATION DISTRIBUTED MORE THAN 37,000 IN 2020, AND MORE THAN 500,000 SINCE INCEPTION. OTHER GOALS OF THE ORGANIZATION INCLUDE MAKING CLOTHING AND HOUSEHOLD GOODS AVAILABLE TO INDIVIDUALS AT A GREATLY REDUCED PRICE AND KEEPING TONS OF REUSEABLE GOODS OUT OF THE LANDFILL. THE ORGANIZATION ALSO ATTEMPTS TO RECYCLE MOST OF THE UNUSEABLE GOODS THAT IT IS OTHERWISE UNABLE TO SELL.
Revenues
$1.2M
Expenses
$1M
Net Income:
+$217.2K
Assets
$1.2M
Liabilities
$2K
Net Assets:
+$1.2M
Operating Budget
$884.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$500
Largest grant received
$500
R
Ruth Caron Cooper
Board Member
M
Mary Murphy
Board Member
J
Janene Molebash
Board Member

Frequently Asked Questions

What is COMMUNITY CLOSET INC’s budget?
In 2024, COMMUNITY CLOSET INC reported an annual operating budget of around $884 thousand. More detailed financial information is available to registered users.
What causes does COMMUNITY CLOSET INC support?
COMMUNITY CLOSET INC supports work in Public works and Job Preparation & Procurement.
Where does COMMUNITY CLOSET INC operate?
COMMUNITY CLOSET INC is headquartered in Livingston, MT.
Who funded COMMUNITY CLOSET INC recently?
In 2024, COMMUNITY CLOSET INC received grants from SOLID ROCK FOUNDATION CO ROSAMOND STANTON. More information on this organization’s funders is available to registered users.
What is the largest grant COMMUNITY CLOSET INC received in 2024?
The largest grant to COMMUNITY CLOSET INC in 2024 exceeds <$1,000.