Thrift Store Financial Overview
10-Year Summary (FY2016-FY2026)
What This Means
Sales are up: The thrift store revenue grew from $86K (2016) to an expected $155K (2026). That's 80% growth over 10 years.
Profits go up and down: Even though sales are strong, profit swings wildly year-to-year. This is normal for thrift stores that rely on donations of inventory.
Check with your accountant: FY2021 had unusual gains (+$59K) and FY2023 had a loss (-$36K) despite high sales. Both years deserve explanation.
FY2026: Current vs Projected
Store is open Jan 8. If donations continue at this pace, here's what the full year will look like.
✓ ACTUAL (7 months)
📈 IF PACE CONTINUES (12 months)
⚠️ Important: This projection assumes donations continue at the current rate. January sales might be higher than average (holiday season ending). Real results depend on whether donors keep dropping items off.
10-Year Performance at a Glance
Bars show actual sales revenue. The green/red bar shows profit or loss.
How to read this chart:
- Gray bar: How much the thrift store sold that year (bigger = more sales)
- Green bar: How much profit the store made (longer bar = higher profit)
- Red bar: Loss years (FY2023 had a loss despite high sales)
- Percentage: Profit margin (how much of sales turned into profit)
Detailed Financial Data
Click any year to see full details
| Fiscal Year | Gross Income | Expenses | Net Income | Growth | Margin |
|---|---|---|---|---|---|
FY2026 (YTD) | $81,169.41 | $49,180.15 | $31,989.26 | — | 39.4% |
FY2025 | $147,049.32 | $99,774.59 | $47,274.73 | +134.3% | 32.1% |
FY2024 | $120,755.26 | $100,581.74 | $20,173.52 | -155.3% | 16.7% |
FY2023 | $138,830.32 | $175,325.26 | -$36,494.94 | -940.7% | -26.3% |
FY2022 | $107,371.06 | $103,030.04 | $4,341.02 | -92.7% | 4.0% |
FY2021 | $116,765.21 | $57,542.88 | $59,222.33 | +1202.3% | 50.7% |
FY2020 | $63,882.89 | $59,335.21 | $4,547.68 | -80.8% | 7.1% |
FY2019 | $83,242.68 | $59,584.47 | $23,658.21 | +282.4% | 28.4% |
FY2018 | $63,903.77 | $57,716.74 | $6,187.03 | +142.7% | 9.7% |
FY2017 | $75,070.89 | $72,521.21 | $2,549.68 | -88.9% | 3.4% |
FY2016 | $86,037.28 | $63,164.89 | $22,872.39 | — | 26.6% |
Questions to Ask Your Accountant
FY2024: The expense data is missing from the system. Get an updated report from QuickBooks before presenting to the board.
FY2021: Profit jumped to $59K (normally $6-20K). Ask what happened—one-time donation, accounting change, or something else?
FY2023: Despite your highest revenue ($138K), the year ended with a $36K loss. What caused the spike in expenses?
Data Source
- • QuickBooks Statement of Activity Detail reports
- • Class: "USC Thrift"
- • FY2026 projection based on 191 days of actual data (Jan 8, 2026)