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Island Thrift

OAK HARBOR, WA EIN: 91-0996800 Website

ISLAND THRIFT IS A NONPROFIT DEDICATED TO HELPING WHIDBEY ISLANDERS THRIVE. THROUGH OUR EFFECIENTLY RUN THRIFT STORE WE OFFER AN AFFORDABLE SHOPPING EXPERIENCE, A CONVENIENT WAY TO DONATE GENTLY USED ITEMS, AND A GENROUS COMMUNITY GRANTS PROGRAM.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+13.7% YoY

Annual Giving

$188K

-17.7% YoY

Grant Count

14

-53.3% YoY

Avg Grant Size

$13K

+76.4% YoY

About Island Thrift

Based on IRS filings

Island Thrift is a nonprofit organization focused on Human Services, based in OAK HARBOR, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 14 grants totaling $188K. Net investment income was $29K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ClintonCoupevilleEverettFreelandLangleyMount VernonOak HarborPuyallup

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$377K$754K$1M$2M20202021202220232024
Metric202420232022
Total Assets$1,718,456$1,510,978$1,313,693
Revenue$1,326,074$1,344,489$1,370,857
Expenses$1,129,259$1,158,744$1,055,653
Qualifying Distributions
Net Investment Income$28,520$22,622$1,826
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$57K$114K$172K$229K15 grants202016 grants202123 grants202230 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PBY MEMORIAL FOUNDATION$30KOAK HARBOR MUSIC FESIVAL$21KBOYS AND GIRLS CLUB OF O…$20KISLAND SENIOR RESOURCES$20KSTEPS$19KOAK HARBOR SENIOR CENTER$14KWHIDBEY WOMEN'S CLINIC$12KSOROPTIMIST$10KWHIDBEY HEALTH FOUNDATION$10KSPIN CAFE$9K

Grant Size Distribution

98 grants across all recorded years

97<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

6 open opportunities from Island Thrift

Show all 6 →

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pby Memorial Foundation ($30,000), Oak Harbor Music Fesival ($20,500), Boys and Girls Club of Oak Harbor ($20,000).

RecipientPurposeAmount
BIG BROTHERS BIG SISTERS OAK HARBOR, WAGENERAL OPERATING SUPPORT TO PROVIDE YOUTH PEER MENTORING PROGRAMS AND SERVICES IN ISLAND COUNTY WA$7,500
BOYS AND GIRLS CLUB OF OAK HARBOR OAK HARBOR, WAMATCHING GRANT EVENT SPONSORSHIP FOR THE BIDS FOR KIDS DINNER AUCTION 2024 TO RAISE FUNDS TO PROVIDE YOUTH SERVICES IN OAK HARBOR WA$20,000
ISLAND SENIOR RESOURCES LANGLEY, WAMACHING GENERAL OPERATING SUPPORT GRANT SUPPORTING MEALS ON WHEELS PREPARED MEALS FOR SENIOR AGED PEOPLE ON WHIDBEY ISLAND WA$20,000
MOTHER MENTORS LANGLEY, WASINGLE YEAR GENERAL OPERATING SUPPORT GRANT FOR PROGRAMS THAT SUPPORT PARENTS INCLUDING IN HOME MENTORING, PLAYSCAPE PANTRY, AND PARENT SUPPORT CIRCLES IN OAK HARBOR WA$5,000
NW HELP HOUSE OAK HARBOR, WAMULTI-YEAR GENERAL OPERATING SUPPORT GRANT TO PURCHASE NUTRISIOUS FOOD FOR LOW INCOME PEOPLE ON NORTH WHIDBEY ISLAND WA$6,000
OAK HARBOR MUSIC FESIVAL OAK HARBOR, WAMATCHING GRANT EVENT SPONSORSHIP FOR THE OAK HARBOR MUSIC FESTIVAL TO PROVIDE A FREE COMMUNITY MUSIC FESTIVAL IN OAK HARBOR WA$20,500
OAK HARBOR SENIOR CENTER OAK HARBOR, WAMULTI-YEAR GENERAL OPERATING SUPPORT GRANT TO PROVIDE SENIOR PROGRAMMING AND A SENIOR CENTER FOR SINIOR AGE PEOPLE IN OAK HARBOR WA$14,400
PBY MEMORIAL FOUNDATION OAK HARBOR, WACAPITAL CONSTRUCTION GRANT FOR A NEW MUSEUM BUILDING FOR THE NAVAL AIR MUSEUM IN OAK HARBOR WA AS WELL AS A MATCHING GRANT EVENT SPONSORSHIP FOR THE PBY CELEBRATION OF FLIGHT 2024 TO RAISE FUNDS TO SUPPORT THE PACIFIC NORTHWEST NAVEL AIR MUSEUM IN OAK HARBOR WA$30,000
READINESS TO LEARN LANGLEY, WAGENERAL OPERATING SUPPORT FOR PROGRAMMING FOR LOW INCOME AT-RISK AND STUDENTS EXPERIENCING HOMELESSNESS WITHIN THE SOUTH WHIDBEY SCHOOL DISRICT.$5,000
SPIN CAFE OAK HARBOR, WASINGLE YEAR GENERAL OPERATING SUPPORT GRANT FOR PROVIDING HOT MEALS TO PEOPLE EXPERIENCING HOMELESSNESS IN OAK HARBOR WA$9,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ALEX PFEIFFERPRESIDENT2
PEG SHANNONTREASURER2
GARY BERNERBOARD MEMBER2
JIM KOTSCHWARSECRETARY2
JOE MOSOLINOBOARD MEMBER2
BETH MUNNSBOARD MEMBER2
JIM SLOWIKBOARD MEMBER2
KEN EELKEMABOARD MEMBER6
KYLE RENNINGERVICE PRESIDENT4
JIM PALMERBOARD MEMBER2
LYN BANKOWSKIBOARD MEMBER2
JAN HUGHESBOARD MEMBER2
RENEE HANKSBOARD MEMBER2
JULIE GAMMACHEBOARD MEMBER2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Island Thrift?

Island Thrift is a nonprofit organization focused on Human Services, based in OAK HARBOR, WA. It holds $1.7M in total assets as of 2024.

How large is Island Thrift?

As of 2024, Island Thrift holds $1.7M in total assets with $1.3M in annual revenue. It awarded 14 grants totaling $188K in 2024.

Where does Island Thrift operate?

Island Thrift has awarded grants in Washington.

What size grants does Island Thrift award?

In 2024, Island Thrift awarded 14 grants totaling $188K — an average of about $13K per grant, based on its IRS Form 990 filings.

What is Island Thrift's EIN?

Island Thrift's EIN (Employer Identification Number) is 91-0996800. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Island Thrift's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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