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EIN 27-4526837

New Life Thrift

IRS 501(c) type
501(c)(3)
Num. employees
81
City
Glenside
State
Pennsylvania
Year formed
2010
Most recent tax filings
2023-06-01
NTEE code, primary
P20: Human Service Organizations
Description
New Life Thrift operates two thrift stores as a ministry of New Life Presbyterian Church of Glenside. The organization accepts donated merchandise, such as clothing, furniture, books and jewelry, which is then sold at the stores. Its primary purpose is to distribute all new profits to the church or local charities in order to help those in need.
Total revenues
$2,452,018
2023
Total expenses
$2,405,242
2023
Total assets
$3,110,049
2023
Num. employees
81
2023

Program areas at New Life Thrift

The primary activity is the operation of two thrift stores. All store merchandise is donated to the stores. Merchandise that is accepted and sold at the stores includes clothing, knick knacks, furniture, books and jewelry. A portion of the net proceeds from sales are distributed to the church on a quarterly basis to help individuals in the community of the store in need.

Grants made by New Life Thrift

GranteeGrant descriptionAmount
New Life Presbyterian Church of GlensideAssist With Ministry$120,000
Every Good GiftAssist With Ministry$15,000
AnawezaAssist With Ministry$10,000
...and 4 more grants made

Who funds New Life Thrift

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$5

Personnel at New Life Thrift

NameTitleCompensation
David ChanningExecutive Director$120,412
Greg BuchananFMR Chairman$0
Giuseppe BisculcaActing Chair / Vice Chair$0
Craig KrasinskiTreasurer / Board Member$0
Mrs. Tina Shema|director of Business Operations$75,039
...and 2 more key personnel

Financials for New Life Thrift

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,449,297
Program services$0
Investment income and dividends$1,992
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$0
Miscellaneous revenues$729
Total revenues$2,452,018

Form 990s for New Life Thrift

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-10990View PDF
2022-062023-05-09990View PDF
2021-062022-05-04990View PDF
2020-062021-05-11990View PDF
2019-062020-01-21990View PDF
...and 8 more Form 990s
Data update history
July 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 27, 2021
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsHuman service organizationsCharities
Issues
Human services
Characteristics
ReligiousCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
800 N Easton Rd
Glenside, PA 19038
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Montgomery County, PA
Website URL
newlifethriftinc.org/ 
Phone
(215) 886-8619
IRS details
EIN
27-4526837
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P20: Human Service Organizations
NAICS code, primary
813110: Religious Organizations
Parent/child status
Independent
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