Dress for Success Des Moines

Analysis

Dress for Success Des Moines is a registered charity in United States, based in Urbandale, IA. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover employment, 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 Des Moines reported income of $263k and spending of $162k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $263k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 88% 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 Des Moines sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within IA. Charities of a similar size with the same main cause include Spark Small Business Center ($262k), Cathedral District-Jax Inc ($263k) and Plasterers and Cement Masons Local 109 Apprenticeship Funds ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $22k (14% of expenses). Other salaries and wages came to $68k. At year end it held assets of $470k against liabilities of $79k, net assets of $391k. It reported 4 employees.