Overview

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Est.

2010

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

New Life Thrift Inc, operating under the auspices of New Life Presbyterian Church of Glenside, focuses on web-based media and philanthropy through the management of two thrift stores. With an operating budget of $2.3 million and total revenue of $2.4 million for the filing year 2024, the organization channels its profits to support the church and local charities aimed at aiding those in need. More information can be found on their website at www.newlifethriftinc.org.

Mission Statement

New Life Thrift is a ministry of New Life Presbyterian Church of Glenside. The primary purpose of the organization is the operation of two thrift stores. All of the new profits of the stores are distributed to the church or local charities to help those in need.
Revenues
$2.4M
Expenses
$2.5M
Net Income:
-$22.1K
Assets
$3.1M
Liabilities
$1.3M
Net Assets:
+$1.8M
Operating Budget
$2.3M
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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D
David Channing
Board Member
R
Russlyn Cook
Board Member
G
Greg Raysor
Board Member

Frequently Asked Questions

What is New Life Thrift Inc’s budget?
In 2024, New Life Thrift Inc reported an annual operating budget of around $2.3 million. More detailed financial information is available to registered users.
What causes does New Life Thrift Inc support?
New Life Thrift Inc supports work in Web-based media and Philanthropy.
Where does New Life Thrift Inc operate?
New Life Thrift Inc is headquartered in Glenside, PA.