Re-use-it Thrift Shop
Only null% goes to programs Strong reserves
Re-use-it Thrift Shop is a 501(c)(3) organization based in Perham, Minnesota, registered in 2012, with $598,521 in FY2024 revenue. CharityIndex grades it C+.
225 E Main St, Perham, MN, 56573 EIN 27-5413279 Since 2012
Revenue (FY2024)
$599K
▲ 3.7% vs prior year
Human Services median: $293K
Expenses (FY2024)
$607K
Net assets
$834K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Re-use-it Thrift Shop— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Re-use-it Thrift Shop: 16 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Re-use-it Thrift Shop— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Re-use-it Thrift Shop: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 225 E Main St, Perham, MN, 56573
- City
- Perham
- State
- Minnesota
- Category
- Human Services
- Subcategory
- Human Service Organizations
Financial trends
Revenue grew from $119K (FY2013) to $599K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities -$4,726Net assets $834K
Operating margin
-1.4%
Spent more than it raised in the latest fiscal year.
Total assets
$830K
Total liabilities
-$4,726
Net assets
$834K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $598,521▲3.7% | $607,131▲2.6% | $834,404▼1.0% | $829,678▼2.3% | 990 |
| 2023 | $577,389▼44.5% | $591,537▲19.0% | $843,014▼1.7% | $849,538▼5.3% | 990 |
| 2022 | $1,040,052▲75.5% | $497,074▲2.7% | $857,162▲173% | $896,771▲151% | 990 |
| 2021 | $592,556▲35.7% | $484,228▲19.4% | $314,184▲52.6% | $357,228▲40.8% | 990 |
| 2020 | $436,796▲15.2% | $405,554▲16.4% | $205,856▲18.6% | $253,765▲13.1% | 990 |
| 2019 | $379,090▲21.6% | $348,512▲19.4% | $173,631▲21.4% | $224,381▲4.4% | 990 |
| 2018 | $311,703▲16.4% | $291,937▲5.9% | $143,053▲16.3% | $214,891▲70.1% | 990 |
| 2017 | $267,760 | $275,565▲9.3% | $123,018▼6.0% | $126,361▼6.0% | 990 |
| 2016 | $267,754▲13.5% | $252,167▲26.7% | $130,823▲12.3% | $134,377▲13.0% | 990 |
| 2015 | $235,869▲98.7% | $198,967▲71.9% | $116,543▲458% | $118,936▲440% | 990 |
| 2013 | $118,692 | $115,765▲0.7% | $20,882▲16.3% | $22,032▲18.1% | 990 |
| 2012 | — | $114,964▲48.3% | $17,955▲118% | $18,648▲98.0% | 990 |
| 2011 | — | $77,527 | $8,223 | $9,417 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Re-use-it Thrift Shop a legitimate nonprofit?
- Yes. Re-use-it Thrift Shop is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-5413279, based in Perham, Minnesota. Donations are tax-deductible.
- What is Re-use-it Thrift Shop's EIN?
- Re-use-it Thrift Shop's Employer Identification Number (EIN) is 27-5413279.
- How much revenue does Re-use-it Thrift Shop report?
- Re-use-it Thrift Shop reported $598,521 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Re-use-it Thrift Shop have?
- CharityIndex grades Re-use-it Thrift Shop C+, based on financial health (reserves and operating margin).
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Data for Re-use-it Thrift Shop (EIN 27-5413279) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.