Family Clothes Tree Inc

Analysis

Family Clothes Tree Inc is a registered charity in United States, based in Dover, PA. It received its IRS tax-exemption ruling in February 1992, 34 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 December 2023, Family Clothes Tree Inc reported income of $104k and spending of $101k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $104k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Clothes Tree Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Berthas Mission ($104k), Wyo West Warrior Foundation ($104k) and Killeen Volunteers Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.6% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.