Dress for Success Quad Cities

Analysis

Dress for Success Quad Cities is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in June 2011, 15 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 Quad Cities reported income of $149k and spending of $247k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $495k to $149k (-70%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 79% 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 Quad Cities sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IA. Charities of a similar size with the same main cause include Ada Main Street Inc ($149k), Grant County Conventions and Visito RS Bureau Inc ($149k) and Half Moon Bay Downtown Association Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $127k. At year end it held assets of $508k against liabilities of $11k, net assets of $497k. It reported 5 employees.