Castaways Thrift Co. is a 5,000 square foot thrift store that exists to fulfill a three part mission. First we seek to reduce overall landfill waste by providing a better alternative to the community a place where they can bring unwanted items rather than throwing them away. Secondly the clothing and household items that we receive from the community are priced and put out for sale allowing people to pay drastically reduced prices of 50% - 90% below original retail cost. This is a great benefit to the low-income individuals of our small town Madison NC. And lastly with whatever proceeds Castaways Thrift Co. generates we seek to provide financial support to Christian substance abuse programs in order to help individuals overcome drug and alcohol addiction.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Human Services organizations in North Carolina.
| Position | Total |
|---|---|
Executive Director - Store Manager 10th to 25th percentile | $35k $37k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 2 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Castaways Thrift Co equaled 15% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 5%
from 2023
From $33k in 2023 to $35k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 2%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Castaways Thrift Co
What does the Chief Executive Officer of Castaways Thrift Co earn?
In 2024, the Chief Executive Officer of Castaways Thrift Co received $34,824 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Human Services organizations in North Carolina, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Castaways Thrift Co compare with similar nonprofits?
Compared with the same role at Human Services organizations in North Carolina, the 2024 pay of the Chief Executive Officer at Castaways Thrift Co falls between the 10th and 25th percentiles. In 2024, the highest total compensation at Castaways Thrift Co equaled 15% of the organization's total expenses. The median for human services organizations is 8%.
What are Castaways Thrift Co's revenue and expenses?
In 2024, Castaways Thrift Co reported $239k in total revenue and $236k in total expenses on its IRS Form 990.
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