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Filing year 2024

THE THRIFTY NICKEL INC

Philadelphia, Mississippi·EIN 82-1186957·NTEE P29 · Human Services·501(c)(3)
Total revenue
$638k
Total assets
$302k
Total expenses
$525k
Reported officers
3
Mission

AS PROVIDED IN ITS STATEMENT OF PURPOSE, THE SPECIFIC PURPOSES FOR WHICH THE ORGANIZATION HAS BEEN ESTABLISHED IS THE SALE OF USED MERCHANDISE AND OTHER GOODS TO SUPPORT CHARITABLE ACTIVITIES, INCLUDING BUT NOT LIMITED TO, THOSE AS DEFINED BY SECTION 501(C)(3). THE PAST, PRESENT AND PLANNED ACTIVITIES IS THE SALE OF USED MERCHANDISE TO SUPPORT ITS CHARITABLE ACTIVITIES. THE PRIMARY CHARITABLE ACTIVITY AS PROVIDED IN ARTICLE 2 OF THE BYLAWS IS TO OPERATE A SHELTER FOR HOMELESS MEN AND TO GIVE BACK TO THE COMMUNITIES WHERE THE RETAIL STORES RESIDE. THE ORGANIZATION'S MISSION STATEMENT, VISION AND VALUES ARE: MISSION STATEMENT: PROVIDE A PATHWAY OF WELLNESS, HOPE, AND PEACE TO HOMELESS MEN. PROVIDE CLOTHING, SHOES, FOOD, AND SMALL HOUSEHOLD APPLIANCES TO FAMILIES IN NEED WITHIN OUR COMMUNITIES TO BETTER THEIR LIVES. VISION: BETTER LIVES BETTER FAMILIES BETTER COMMUNITIES A BETTER WORLD THROUGH THE MINISTRY OF JESUS CHRIST VALUES: HOPE LOVE COMPASSION PEACE

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 Mississippi.

President
10th to 25th percentile
$23k
$25k

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.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE THRIFTY NICKEL INC equaled 4% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
4%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2023

From $23k in 2023 to $23k in 2024.

$23k
2023
$23k
2024
In today's dollarsEst.
Down 3% in real terms$26k to $25k

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.

Pay for the position

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue rose 13%.

$23k in 2023 to $23k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE THRIFTY NICKEL INC

What does the Chief Executive Officer of THE THRIFTY NICKEL INC earn?

In 2024, the Chief Executive Officer of THE THRIFTY NICKEL INC received $23,400 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Human Services organizations in Mississippi, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE THRIFTY NICKEL INC compare with similar nonprofits?

Compared with the same role at Human Services organizations in Mississippi, the 2024 pay of the Chief Executive Officer at THE THRIFTY NICKEL INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at THE THRIFTY NICKEL INC equaled 4% of the organization's total expenses. The median for human services organizations is 8%.

What are THE THRIFTY NICKEL INC's revenue and expenses?

In 2024, THE THRIFTY NICKEL INC reported $638k in total revenue and $525k in total expenses on its IRS Form 990.

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