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Nonprofit · EIN 71-0887752

DEPOSITS CLOSET INC

Tax-exempt · DEPOSIT, NY 13754

Financials

$101K$77K2025
Revenue Expenses · by fiscal year end
Financials of DEPOSITS CLOSET INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$100,727$76,571$24,156$283,640$0$283,640
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$4,361
Program service revenue
$96,364
Investment income
$2

Expenses

Compensation of officers, directors and key employees
$0
Occupancy
$12,666
Other expenses
$63,905
Program services (functional)
$76,571

Balance sheet and other

Total assets, start of year
$259,484
Total assets, end of year
$283,640
Total liabilities, end of year
$0
Net assets, end of year
$283,640
Cash, savings and investments
$54,525
Land and buildings
$206,046
Gross receipts
$100,727

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CAROL HESSCHAIRPERSON6$0
LYNN OCONNERVICE CHAIR6$0
JANE WALKER-LLOYDSECRETARY7$0
DEBORAH STEVERTREASURER7$0
DONNA DINGEEBOARD2$0
DONNA HARTZBOARD2$0
CAROL VANPELTBOARD2$0
KATHERINE MYRICKBOARD2$0
DEB NEUBOARD0$0
TERRY RYNEARSONBOARD0$0

Address and contacts

Address (IRS master file)
PO BOX 111, DEPOSIT, NY 13754-0111
In care of
% DEBORAH STEVERS
Signed the 990-EZ
DEBORAH STEVERS, CHAIRPERSON
Phone
(607) 467-3850
Return prepared by
VIP Payroll & Tax Services

Mission

THRIFT STORE

990-EZ for the year ended December 31, 2025

Program accomplishments

  • THRIFT STORE SELLING USED ITEMS OF CLOTHING AND HOUSEHOLD ITEMS TO THE PUBLIC. APROX 1500 ARE SERVED WITH APPROX 5000 TRANSACTIONS A YEAR.
    Expenses $76,571
  • GRANTS TO COMMUNITY ORGANIZATIONS FROM NET PROCEEDS TO THRIFT STORE

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
71-0887752
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$283,640
Income (IRS master file)
$100,727

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025–––IRS
990-EZDecember 2024–––IRS
990-EZDecember 2023$138,865$93,646$280,091IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about DEPOSITS CLOSET INC

What is the EIN of DEPOSITS CLOSET INC?
The employer identification number (EIN) of DEPOSITS CLOSET INC is 71-0887752.
Is DEPOSITS CLOSET INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to DEPOSITS CLOSET INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DEPOSITS CLOSET INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DEPOSITS CLOSET INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DEPOSITS CLOSET INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of DEPOSITS CLOSET INC?
The 990-EZ for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does DEPOSITS CLOSET INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $100,727, expenses of $76,571 and total assets of $283,640 at year end.

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