Suits Stilettos and Lipstick Foundation Inc

Analysis

Suits Stilettos and Lipstick Foundation Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Suits Stilettos and Lipstick Foundation Inc reported income of $513k and spending of $470k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $513k (+409%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 270%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Suits Stilettos and Lipstick Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Brians Safehouse Inc ($513k), House of Hope ($513k) and Bfrin ($513k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $18k (3.8% of expenses). At year end it held assets of $220k against liabilities of $98k, net assets of $122k. It reported 2 employees.