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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

No grants recorded for .

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

Related Funders

Similar funders by location and focus area

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

What could you do with Island Thrift on Grantable?

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