Based in Grand Marais, MN, GM First & Second Thrift Store operates as a Public Charity. The organization reported $261K in revenue, $245K in expenses, $238K in total assets for fiscal year 2025. Imperigo tracks 21 reported grants from this foundation totaling approximately $218K.
To raise money for local nonprofit through the sale of donated goods; To work with social services and local churches to provide clothing and household goods to people in need; To decrease the amount of clothing and household goods going to a landfill; To offer a source of lightly used goods for a affordable price; To offer community members a place to volunteer their time while supporting local nonprofits.
How GM First & Second Thrift Store divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 21 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $261K | $245K | $238K |
| 2024 | $233K | $181K | $221K |
| 2023 | $193K | $35K | $169K |
Between 2023 and 2025, reported annual revenue grew from $193K to $261K (+35%), with total assets most recently reported at $238K.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in MN.
Full geographic grant map with state-by-state breakdown available with membership.
