Soroptimist Thrift Shop of Anacortes
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Soroptimist Thrift shop is operated to provide funding to organizations that work to improve the lives of women and children. The profits from the thrift shop are donated to non-profit organizations that meet this criteria. It also provides hands-on assistance to individuals through its Home Health program and dress you for success program.
- Income
- $485,142
- Spending
- $468,570
- Spent on programs
- 90%
- Reserves
- 1.9 months of spending
- Largest source of income
- fees for its services, 99%
- Employees
- 0
- Volunteers
- 25
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100.
Reserves
10 of 35Spendable reserves would cover 1.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
15 of 15Income rose 15% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 66 out of 100.
Independent board
25 of 2591 of 91 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $417,389 spent. The Shop has a vigorous community service donation system granting funds primarily to local organizations that work with women and children. The Shop gave to 10 different organizations throughout the year. Each of these organizations is a 501c3 organization and has demonstrated that their programs match our goal of providing a better life for women and children. We maintain close relationships with each organization visiting their work sites reviewing their financial needs and keeping current on their offered programs. Programs range from scholarships awards low income housing and counseling for homeless individuals food banks utility emergency assistance meals for the elderly senior services special uncompensated hospice services assistance for farmworkers and programs for child care and activities among other services.
- $1,854 spent. The Home Health program loans equipment to individuals free of charge. This includes wheelchairs walkers crutches canes commodes bath seats etc. This is popular program and is supported directly by donations from the general public. The Soroptimist Thrift Shop purchases all of the equipment that is loaned primarily using the donated funds that are received during the year. There is a large inventory of items available to be borrowed. Items can be kept by the individual as long as needed and then returned to the Shop. When returned the items are cleaned and returned to inventory so that they may be borrowed again in the future.
- The Shop also has agreements with various non-profit organizations who give vouchers to individuals allowing them to shop in the store for needed goods. The vouchers are specific as to the amount that may be used and the items that may be purchased. The Shop processes these vouchers free of charge.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.