Dress for Success Central New Jersey a NJ Nonprofit Corporation

Analysis

Dress for Success Central New Jersey a NJ Nonprofit Corporation is a registered charity in United States, based in Lawrenceville, NJ. It received its IRS tax-exemption ruling in April 2007, 19 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, Dress for Success Central New Jersey a NJ Nonprofit Corporation reported income of $607k and spending of $589k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $618k to $607k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dress for Success Central New Jersey a NJ Nonprofit Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Vocare ($607k), Wilf Transport Inc ($607k) and United Seniors of Athens County Inc ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $121k (20% of expenses). Other salaries and wages came to $227k. At year end it held assets of $971k against liabilities of $43k, net assets of $928k. It reported 18 employees.