Dress for Success Dallas

Analysis

Dress for Success Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Dress for Success Dallas reported income of $146k and spending of $179k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $192k to $146k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dress for Success Dallas sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Grow Iowa Foundation Inc ($146k), Blossoms of Hope the Howard County Cherry Tree Project Inc ($146k) and Center for Economic & Enviromental Partnership Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $4,648, net assets of $22k.