Dress for Success of Western Massachusetts Inc

Analysis

Dress for Success of Western Massachusetts Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dress for Success of Western Massachusetts Inc reported income of $325k and spending of $247k, leaving 24% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $266k to $325k (+22%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dress for Success of Western Massachusetts Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Lakewood Residential Care Facility Inc ($325k), Community Access Center Inc ($325k) and Rural Community Food Pantry ($325k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $101k (41% of expenses). Other salaries and wages came to $20k. At year end it held assets of $249k against liabilities of $0, net assets of $249k. It reported 3 employees.