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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 88-4259624

PSANCTUM THRIFT

Tax-exempt · PORTLAND, OR 97202

Financials

$157K$137K2024
Revenue Expenses · by fiscal year end
Financials of PSANCTUM THRIFT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$157,064$136,616$20,448$43,790$61,007-$17,217
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$10,889
Program service revenue
$146,165
Investment income
$10

Expenses

Grants and similar amounts paid
$1,164
Compensation of officers, directors and key employees
$2,136
Salaries, compensation and benefits (total)
$27,823
Professional fees and payments to contractors
$8,697
Occupancy
$57,515
Other expenses
$41,417
Program services (functional)
$136,616

Balance sheet and other

Total assets, start of year
$40,890
Total assets, end of year
$43,790
Total liabilities, end of year
$61,007
Net assets, end of year
-$17,217
Cash, savings and investments
$24,505
Gross receipts
$157,064

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
EDEN WOODRUFFPRESIDENT20$2,136
NICK SKAREDOFFSECRETARY5$0
SEAN MANSEAUTREASURER4$0

Address and contacts

Address (IRS master file)
4033 SE MILWAUKIE AVE, PORTLAND, OR 97202-3954
Mailing address (990-N for 2023)
4033 SE Milwaukie Ave, Portland OR 97202
Principal officer (990-N for 2023)
Eden Woodruff, 4033 SE Milwaukie Ave, Portland OR 97202
Signed the 990-EZ
EDEN WOODRUFF, PRESIDENT
Phone
(971) 212-2709
Return prepared by
LAUKA MCGUIRE PC

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO SUPPORT PSYCHEDELIC THERAPY, HARM REDUCTION, AND EDUCATION. IT FULFILLS THIS MISSION BY OPERATING A NONPROFIT THRIFT STORE THAT RAISES FUNDS TO HELP INDIVIDUALS ACCESS PSILOCYBIN-ASSISTED THERAPY SESSIONS LEGALLY ADMINISTERED IN OREGON, AND BY PROVIDING COMMUNITY EDUCATION AND HARM-REDUCTION PROGRAMMING THAT PROMOTES SAFE, INFORMED PSYCHEDELIC USE.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THRIFT STORE OPERATIONS- OPERATED A NONPROFIT THRIFT STORE THAT DIVERTED THOUSANDS OF POUNDS OF USABLE GOODS FROM THE LANDFILL, PROVIDED MEANINGFUL EMPLOYMENT TO LOCAL RESIDENTS, AND OFFERED AFFORDABLE CLOTHING AND HOUSEHOLD GOODS TO THE COMMUNITY. APPROXIMATELY 10,000 PEOPLE BENEFITED DURING 2024.
    Expenses $3,200
  • COMMUNITY EDUCATION AND EVENTS- HOSTED HUNDREDS OF EDUCATIONAL EVENTS, WORKSHOPS, ART SHOWS, AND SUPPORT GROUPS FOCUSED ON PSYCHEDELIC LITERACY, HARM REDUCTION, AND MENTAL HEALTH. SERVED MORE THAN 1,000 PARTICIPANTS AND FOSTERED COMMUNITY CONNECTION AND BELONGING.
    Expenses $131,416
  • PSILOCYBIN THERAPY GRANT PROGRAM- AWARDED THOUSANDS OF DOLLARS IN GRANTS TO HELP INDIVIDUALS ACCESS LEGAL PSILOCYBIN ASSISTED THERAPY IN OREGON, EXPANDING ACCESS TO EVIDENCE-BASED, HARM-REDUCTION ORIENTED MENTAL-HEALTH SUPPORT. APPROXIMATELY 4 INDIVIDUALS RECEIVED DIRECT AID IN 2024.
    Expenses $2,000

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, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

File the 2025 990-EZ for PSANCTUM THRIFT

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
88-4259624
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P29)
Assets (IRS master file)
$43,790
Income (IRS master file)
$157,064

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$157,064$136,616$43,790IRS
990-N for 2023
Officer: Eden Woodruff
December 31, 2023≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 88-4259624).

Questions about PSANCTUM THRIFT

What is the EIN of PSANCTUM THRIFT?
The employer identification number (EIN) of PSANCTUM THRIFT is 88-4259624.
Is PSANCTUM THRIFT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to PSANCTUM THRIFT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PSANCTUM THRIFT 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 PSANCTUM THRIFT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PSANCTUM THRIFT last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of PSANCTUM THRIFT?
The 990-N for 2023 names Eden Woodruff.
Who are the officers and directors of PSANCTUM THRIFT?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $2,136 (EDEN WOODRUFF, PRESIDENT).
How much revenue does PSANCTUM THRIFT have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $157,064, expenses of $136,616 and total assets of $43,790 at year end.

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