Asbury Thrift Store Inc
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.
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.
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
Share of 2024 grant dollars across all 10 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2024 recipient was 305 8TH Street ($40K). Together the top 10 received $233K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 33 grants of 34 (97%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 305 8TH Street Huntsville, AL | Home for Disabled Adults | $40,000 |
| New Futures Inc Huntsville, AL | Aid with Operating Expenses for Family Homeless Shelter | $40,000 |
| Manna House Huntsville, AL | Basic Needs for Individuals | $40,000 |
| Shepherd's Fold Village Toney, AL | Privacy Fence/Property Preparation for Additional Units | $35,000 |
| Haveihope Inc Normal, AL | Remodel Trailer for Classroom | $20,000 |
| Royal Family Kids Camp Madison, AL | Five Day Camp to Foster RESILIENCY,SELF-Esteem, and Hope | $20,000 |
| House of Harvest Harvest, AL | Thanksgiving and Christmas Food for Families | $15,000 |
| Fostering Connections Harvest, AL | Provide holistic support and resources for foster, adoptive, and kinship families | $10,000 |
| Loads of Love Harvest, AL | Provide needy with clean laundry, food, and spiritual support | $6,500 |
| Academy of Learning and Character Development Huntsville, AL | Provide 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 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- Added Form 990 for fiscal year 2019 (received by the IRS November 23, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- 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.
Here's the math on researching Asbury Thrift Store Inc by hand.
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