Friendly Thrift Center Inc

Overview

Mission

Provide new or gently used clothing and household goods we receive through donations, at no or very low cost to low income individuals in the community. We fulfill vouchers from 36 local non-profit agencies to provide clothing, household goods and hygiene items to their clients at no charge. The expense incurred is for new socks, underwear and personal hygiene products which we provide for our voucher recipients.

What it reported doing in 2025

We fulfill vouchers from 36 community based non-profit service organizations and provide free clothing, hygiene products and housewares to low or no income individuals and their dependents. Most items are donated to us, with the exception of new socks, new underwear and hygiene products which we purchase. 2025 voucher recipients grants: 1,574 individuals x $55 (estimated) each.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions.
Distribution model
Direct operator. The nonprofit carried out 84% of its reported program work directly.

Nonprofit profile at a glance

EIN
237077163
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025, Form 990-N 2014
Headquarters
Davenport, IA, USA
Rating
44
Verdict
MIXED
Rating confidence
Moderate

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The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 13
  • Transparency & Controls: 100
  • Accountability: NotEnoughData
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 11.1%; rating input score 11
  • Program expense ratio: 16.1%; rating input score 16

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited
  • Public monitoring controls: Limited
  • Public policy transparency: Limited
  • Public financial transparency: Limited
  • Impact reporting controls: Limited
  • Public relationship transparency: Limited

Accountability

  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: 31%; rating input score 80; 80th percentile among comparable filings
  • Operating reserve ratio: 1.08; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 28.9% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 1.4% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 11.1% of revenue deployed · 16.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 annual filings from 2020 to 2025