Magic Hat Thrift Shop Inc
Marblehead, Massachusetts
A-Health Score
75A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$425K
Total Revenue
📊
$390K
Total Expenses
🏦
$167K
Net Assets
📋
$5K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+16.9%
Year-over-year change (2023 → 2024)
Net Margin
+8.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.43
Net assets divided by total expenses
Liabilities-to-Assets
3.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $424,509↑17% | $390,135↑18% | $172,562↑19% | — |
| 2023 | $363,208↑28% | $330,781↑24% | $145,156↑43% | — |
| 2022 | $284,415↑171% | $267,002↑169% | $101,653↑21% | — |
| 2021 | $104,884↓44% | $99,167↓3% | $83,838↑8% | — |
| 2020 | $186,435↓28% | $101,820↓59% | $77,635↑5% | — |
| 2019 | $258,621↑10% | $248,825↑5% | $73,704↑15% | — |
| 2018 | $234,313↑7% | $237,651↑3% | $63,876↓12% | — |
| 2017 | $219,828↑12% | $229,889↑16% | $72,430↓6% | — |
| 2016 | $196,231↑31% | $197,642↑28% | $77,087↑44% | — |
| 2015 | $149,814↑19% | $154,856↑13% | $53,701↑21% | — |
| 2014 | $125,634↑3% | $137,041↓15% | $44,235↓48% | — |
| 2013 | $122,400↑8% | $162,119↑77% | $85,577↑10% | — |
| 2012 | $113,827 | $91,338 | $77,584 | — |
Frequently Asked Questions
What does Magic Hat Thrift Shop Inc do?▼
Magic Hat Thrift Shop Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Magic Hat Thrift Shop Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Magic Hat Thrift Shop Inc.
How much revenue does Magic Hat Thrift Shop Inc generate?▼
Magic Hat Thrift Shop Inc reports $365K in annual revenue and holds $148K in total assets, based on IRS filings.
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