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EIN 36-2177156

Economy Shop

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Oak Park
State
Illinois
Year formed
1922
Most recent tax filings
2024-06-01
NTEE code, primary
T31: Community Foundations
Description
Economy Shop sells donated items, principally clothing, which are then sold to the general public utilizing the funds from sales to support other charitable organizations in the oak park, il area. Economy Shop sells donated clothing and other household items to the general public and utilizes the funds raised to support local charitable organizations. To provide financial support for oak park charitable organizations.
Total revenues
$440,124
2024
Total expenses
$393,468
2024
Total assets
$459,593
2024
Num. employees
4
2024

Program areas at Economy Shop

Economy Shop sells donated clothing and other household items to the general public and utilizes the funds raised to support local charitable organizations.

Grants made by Economy Shop

GranteeAmount
The Day Nursery$23,000
Housing Forward$22,000
Thrive Counseling Center$22,000
...and 4 more grants made

Personnel at Economy Shop

NameTitleCompensation
Alicia McNamaraVice President - Volunte$0
Mary RogersVice President - House$0
Mary Ann SchottTreasurer$0
Lisa SorensenPresident$0
Tammy GraysonVice President - Merchan$0
...and 9 more key personnel

Financials for Economy Shop

RevenuesFYE 06/2024
Total grants, contributions, etc.$3,119
Program services$0
Investment income and dividends$2,646
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$434,359
Miscellaneous revenues$0
Total revenues$440,124

Form 990s for Economy Shop

Fiscal year endingDate received by IRSFormPDF link
2024-062024-12-17990View PDF
2023-062024-05-14990View PDF
2022-062023-02-22990View PDF
2021-062022-02-18990View PDF
2020-062021-04-06990View PDF
...and 9 more Form 990s
Data update history
July 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 25, 2023
Updated personnel
Identified 1 new personnel
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCommunity foundationsFamily service centersCharities
Issues
Community improvement
Characteristics
Provides grantsState / local levelTax deductible donationsAccepts online donations
General information
Address
103 S Grove Ave
Oak Park, IL 60302
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
economyshop.org/ 
Phone
(708) 383-2449
IRS details
EIN
36-2177156
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1922
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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