CSCharityScored
76

Magic Hat Thrift Shop Inc

Human Services · Marblehead, Massachusetts

217 Pleasant St, Marblehead, MA 01945-2251

EIN: 320136377· Founded: Jun 2006· 20 years active· Filing Year: 2024

Annual Revenue

$425K

Total Expenses

$390K

Total Assets

$173K

Program Spending

107%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$97K

Total Payroll

$97K

25% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 25%
Other overhead: -7%
Program Revenue$419K (99%)
Total Expenses$390K (92%)
Payroll$97K (25%)
Overhead (non-program)-7%

Trust Score Breakdown

Program Spending Ratio

107% of expenses go to programs

40%

Revenue & Stability

$425K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$173K in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.