Community Clothes Closet Inc
Analysis
Community Clothes Closet Inc is a registered charity in United States, based in Menasha, WI. It received its IRS tax-exemption ruling in October 1996, 30 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 June 2023, Community Clothes Closet Inc reported income of $1.4m and spending of $1.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.4m (-2.2%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Clothes Closet Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include Orion House Inc ($1.4m), South Sound Outreach Services ($1.4m) and Endeavors Adult Development Center ($1.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $79k (6.3% of expenses). Other salaries and wages came to $160k. At year end it held assets of $1.8m against liabilities of $34k, net assets of $1.8m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Orion House Inc | Newport | $1.4m |
| South Sound Outreach Services | Tacoma | $1.4m |
| Endeavors Adult Development Center | Balsam Lake | $1.4m |
| Epek International Inc | Glen Oaks | $1.4m |