Desert Best Friends Closet

Analysis

Desert Best Friends Closet is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in August 2008, 18 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 2024, Desert Best Friends Closet reported income of $329k and spending of $403k, spending 122% of what it took in. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Desert Best Friends Closet sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Southern Development Foundation ($329k), My Kingston Kids ($329k) and Homeless Period Project ($329k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $73k (18% of expenses). Other salaries and wages came to $129k. At year end it held assets of $306k against liabilities of $118k, net assets of $188k. It reported 5 employees.