About National Thrift Shop Day
National Nonprofit day was founded by Sherita J. Herring, a renowned speaker, author, business strategist, and nonprofit expert. The idea is to encourage people to learn about and become involved with nonprofits and to honor the impact that these organizations have around the world.
The odd holiday honors U.S.-based retail establishments that sell gently used items at discounted prices, and most bargain hunters don’t wait for August 17th to find great deals.
According to BuzzFeed, a number of brides have found stunning wedding dresses at thrift stores for as low as $30, and scores of Pinterest posts reveal great finds for only $5 at secondhand stores.
The search for a great deal never stops and over the years, an increasing number of people are jumping on the bargain hunt bandwagon. According to one research firm, these days approximately 16-18% of Americans will shop at a thrift store during a given year.
We celebrate the holiday on August 17th, which is the day that The Tariff Act of 1894 was signed into law. The law imposed the first federal income tax on corporations but included exemptions for nonprofit corporations and charitable institutions which still remain a solid part of the law.