Asbury Thrift Store Inc logo

Asbury Thrift Store Inc

Public charity · Grantmaker Madison, AL EIN: 63-1220415 Website

Asbury Thrift Store Inc. is a Form 990 (a public charity) based in Madison, Alabama. Formed in 1999, it operates a thrift store and uses its proceeds for charitable purposes, including contributions to qualifying organizations.

Key facts about Asbury Thrift Store Inc

In short: Asbury Thrift Store Inc gave $233K across 10 grants in 2024 (avg $23K), mostly in Alabama. 20% of 2024 grantees were new. Source: 2024 IRS Form 990.

EIN
63-1220415
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$232,500
Grants made (2024)
10
Average grant
$23,250
Median grant
$20,000
New grantees (estimate)
20% first-time grantees (2 of 10, 2024; small sample)
Total assets
$3,175,103
Primary geography
Alabama (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$3.2M

-0.3% YoY

Annual Giving

$233K

+76.1% YoY

Grant Count

10

+66.7% YoY

Avg Grant Size

$23K

+5.7% YoY

Is Asbury Thrift Store Inc open to new grantees?

20%

first-time grantees, 2024

In 2024, 2 of 10 grantees (20%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $13K; repeat grants $26K. How we count

Medians: $13K first-time, $28K repeat.

  • 50% of 2024 grantees were also funded in 2023. Method
  • Giving grew 56% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization states its mission is to “provide financial assistance to local charitable organizations.” Its 2024 filing says it operates a thrift store, selling goods donated by the public, and uses operating income exclusively for charitable, religious, scientific, literary, or educational purposes, directly or through contributions to qualifying organizations.

Among its 2024 grantees, New Futures Inc. describes its mission as supporting long-term transitional housing to help clients become independent and self-reliant. Shepherds Fold Village Inc. describes its mission as providing community re-entry assistance related to incarceration, rehabilitation, and homelessness.

Grantmaking

In 2024, Asbury Thrift Store Inc. reported 10 grants totaling $232,500. Grant amounts ranged from $6,000 to $40,000, with a median of $20,000.

The largest grants included $40,000 to 305 8th Street for a home for disabled adults, $40,000 to New Futures Inc. for operating expenses for a family homeless shelter, and $40,000 to Manna House for basic needs for individuals. Other grants included $35,000 to Shepherd’s Fold Village for a privacy fence and property preparation for additional units; $20,000 to Haveihope Inc. to remodel a trailer for a classroom; and $20,000 to Royal Family Kids Camp for a five-day camp.

No application process or policy on unsolicited requests is stated in the available information.

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Geographic Focus

Where this funder awards grants

All reported 2024 grant dollars went to recipients in Alabama. The organization’s website describes its proceeds as helping organizations throughout the Madison and Huntsville area.

Grant Distribution by State

1state

Share of 2024 grant dollars across all 10 itemized grants.

States

Cities

HuntsvilleMadisonHarvestToneyDecaturNormal

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K10 grants2019 3 grants2020 7 grants2021 8 grants2022 6 grants2023 10 grants2024

From 2019 to 2024, annual grant giving ranged from $80K (2020) to $233K (2024). In 2024 it made 10 grants totaling $233K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

305 8TH Street: $40K305 8TH Street$40KNew Futures Inc: $40KNew Futures Inc$40KManna House: $40KManna House$40KShepherd's Fold Village: $35KShepherd's Fold Village$35KHaveihope Inc: $20KHaveihope Inc$20KRoyal Family Kids Camp: $20KRoyal Family Kids Camp$20KHouse of Harvest: $15KHouse of Harvest$15KFostering Connections: $10KFostering Connections$10KLoads of Love: $7KLoads of Love$7KAcademy of Learning and Character Development: $6KAcademy of Learning andCharacter Development$6K

The largest 2024 recipient was 305 8TH Street ($40K). Together the top 10 received $233K.

Grant Size Distribution

34 grants across all recorded years

33<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 33 grants of 34 (97%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
305 8TH Street Huntsville, ALHome for Disabled Adults$40,000
New Futures Inc Huntsville, ALAid with Operating Expenses for Family Homeless Shelter$40,000
Manna House Huntsville, ALBasic Needs for Individuals$40,000
Shepherd's Fold Village Toney, ALPrivacy Fence/Property Preparation for Additional Units$35,000
Haveihope Inc Normal, ALRemodel Trailer for Classroom$20,000
Royal Family Kids Camp Madison, ALFive Day Camp to Foster RESILIENCY,SELF-Esteem, and Hope$20,000
House of Harvest Harvest, ALThanksgiving and Christmas Food for Families$15,000
Fostering Connections Harvest, ALProvide holistic support and resources for foster, adoptive, and kinship families$10,000
Loads of Love Harvest, ALProvide needy with clean laundry, food, and spiritual support$6,500
Academy of Learning and Character Development Huntsville, ALProvide a Shaded Structure Over Playground$6,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $3,175,103 $1,348,458 $1,370,078 $232,500
2023 $3,185,412 $1,316,958 $1,136,093 $132,000
2022 $3,005,522 $1,372,696 $1,154,792 $172,700
Revenue
Expenses
Net Investment Income
$0$500K$1M$1.5M$2M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$3,175,103$3,185,412$3,005,522
Revenue$1,348,458$1,316,958$1,372,696
Expenses$1,370,078$1,136,093$1,154,792
Net Investment Income$57,200$53,182$7,948

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS November 23, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Wanda Myers as treasurer and Miles Parmenter as president.

Asbury Thrift Store Inc is led by Miles Parmenter, President on every filing since 2022; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Miles Parmenter

    President

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Wanda Myers

    Treasurer

    On filings since 2019

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Lori Warren (2019–2020) — Chairman

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: PO Box 772, Madison, AL 35758
Phone: (256) 464-0460
Website: https://asburythriftstore.com

Frequently asked questions about Asbury Thrift Store Inc

How much does Asbury Thrift Store Inc give each year?

Asbury Thrift Store Inc gave $233K across 10 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $132K across 6 grants.

What is Asbury Thrift Store Inc's typical grant size?

Asbury Thrift Store Inc's median grant in 2024 was $20,000, and its average grant was $23,250, across 10 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Asbury Thrift Store Inc that year got $13K on average.

Where does Asbury Thrift Store Inc give grants?

Asbury Thrift Store Inc gives mostly in Alabama: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Huntsville, AL (4 grants) and Harvest, AL (3 grants).

Does Asbury Thrift Store Inc give general operating support?

Yes: 10% of Asbury Thrift Store Inc's 2024 grants with a stated purpose (1 of 10) were for general or operating support, per its 2024 IRS Form 990.

Who are Asbury Thrift Store Inc's largest grantees?

Asbury Thrift Store Inc's largest 2024 grantees include 305 8TH Street ($40,000), New Futures Inc ($40,000) and Manna House ($40,000), according to its 2024 IRS Form 990. Together they received 52% of its itemized 2024 grant dollars.

How large is Asbury Thrift Store Inc?

Asbury Thrift Store Inc reported $3.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.3M.

What does Asbury Thrift Store Inc fund?

The organization states its mission is to “provide financial assistance to local charitable organizations.” See mission & focus areas ↑

How do I apply for a grant from Asbury Thrift Store Inc?

Asbury Thrift Store Inc has no public application process in the sources Grantable reviewed. Check asburythriftstore.com for current guidelines, or contact the foundation directly before submitting a request.

What is Asbury Thrift Store Inc's EIN?

Asbury Thrift Store Inc's EIN (Employer Identification Number) is 63-1220415. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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