Ridgefield Thrift Shop Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,064,104 | 1,005,420 | 58,684 | 7.8 | 0% |
| 2021 | 418,268 | 465,798 | −47,530 | 15.5 | 0% |
| 2022 | 908,350 | 698,669 | 209,681 | 14.0 | 0% |
| 2023 | 1,121,688 | 371,475 | 750,213 | 50.5 | 0% |
| 2024 | 1,207,960 | 1,525,597 | −317,637 | 9.8 | 0% |
In its most recent public year (2024), this organization spent $317,637 more than it brought in. Its reserves stood at about 9.8 months of spending, up from 7.8 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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