Thrift stores pay surprising dividends


Local thrift stores are funding many social services throughout the region.

Dozens of charity organizations such as WIN bank on revenue from thrift-store operations to sustain a variety of social programs. For example, in Victoria, the Salvation Army operates six thrift stores and a recycling centre to support local shelters and food banks, providing vouchers to the needy. Beacon Community Services has operated thrift stores for 33 years in the region. The $1.6-million annual revenue from its seven stores is its main source of non-government funding and supports programs for everyone from babies to seniors. Other organizations, such as the Society of Saint Vincent de Paul, run stores to help fund housing and create an access point for clients.

Read the article: Thrift stores pay surprising dividends

Source: Times Colonist

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