EIN 27-4526837

New Life Thrift

IRS 501(c) type
501(c)(3)
Num. employees
78
Year formed
2010
Most recent tax filings
2024-06-01
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
$2,431,051
2024
Total expenses
$2,453,194
2024
Total assets
$3,063,716
2024
Num. employees
78
2024

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$50,000
Every Good GiftAssist With Ministry$15,000
New Life Presbyterian Church of GlensideAssist With Ministry$15,000
...and 3 more grants made

Financials for New Life Thrift

RevenuesFYE 06/2024
Total grants, contributions, etc.$2,415,783
Program services$0
Investment income and dividends$4,631
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$10,637
Total revenues$2,431,051
Data update history
May 28, 2025
Posted financials
Added Form 990 for fiscal year 2024
October 1, 2024
Updated personnel
Identified 3 new personnel
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
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
mynlt.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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