Working Wardrobes for a New Start

Analysis

Working Wardrobes for a New Start is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in May 2000, 26 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, Working Wardrobes for a New Start reported income of $4.6m and spending of $4.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $4.6m (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Working Wardrobes for a New Start sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Neighbors Building Neighborhoods Inc ($4.6m), Playa Vista Job Opportunities and Business Services ($4.7m) and Mid-America Regional Council Community Services Corporation ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $430k (9.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $8.8m against liabilities of $2.1m, net assets of $6.7m. It reported 52 employees.