Style Saves Inc

Analysis

Style Saves Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 2017, 9 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, Style Saves Inc reported income of $651k and spending of $764k, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $312k to $651k (+109%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 548%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Style Saves Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include The Pregnancy Center ($651k), Lovejoy Ministries Day Care Inc ($651k) and Mexican American Unity Council Inc ($651k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $35k. At year end it held assets of $104k against liabilities of $4,758, net assets of $99k. It reported 1 employees.