Dress for Success Hampton Roads

Analysis

Dress for Success Hampton Roads is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2021, Dress for Success Hampton Roads reported income of $75k and spending of $54k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $52k to $75k (+44%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dress for Success Hampton Roads sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($75k), White River Education Foundation ($75k) and St James Elementary PTO ($75k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (56% of expenses). At year end it held assets of $213k against liabilities of $0, net assets of $213k.