Dress for Success Michigan Incorporated

Analysis

Dress for Success Michigan Incorporated is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in October 2000, 26 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 Michigan Incorporated reported income of $121k and spending of $100k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $558k to $121k (-78%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dress for Success Michigan Incorporated sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Exhilaration Station Inc ($121k), 4277 South Western LLC ($121k) and Mi Casita Dorada Home Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $197k against liabilities of $0, net assets of $197k.