Worn Again Too Inc

Analysis

Worn Again Too Inc is a registered charity in United States, based in Heyworth, IL. It received its IRS tax-exemption ruling in September 2014, 12 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, Worn Again Too Inc reported income of $354k and spending of $332k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $354k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Worn Again Too Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include St Marys Villa at Riverview II Inc ($354k), Clarke County Development Foundation ($354k) and Tennessee Corn Promotion Council Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $50k (15% of expenses). Other salaries and wages came to $139k. At year end it held assets of $148k against liabilities of $400, net assets of $148k. It reported 19 employees.