Dress for Success Cincinnati

Analysis

Dress for Success Cincinnati is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 1999, 27 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 Cincinnati reported income of $1.2m and spending of $1.3m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $778k to $1.2m (+57%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 82% 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 Cincinnati sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Office of Job Training Program Jefferson Franklin Counties Inc ($1.2m), Careercatchers Inc ($1.2m) and Shoals Dream Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $93k (7.3% of expenses). Other salaries and wages came to $556k. At year end it held assets of $2.3m against liabilities of $807k, net assets of $1.5m.