Dressed with Dignity Inc

Analysis

Dressed with Dignity Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Dressed with Dignity Inc reported income of $5.4m and spending of $5.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $5.4m (+135%), an average of +24% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dressed with Dignity Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Charlottesville Day School Inc ($5.4m), The Exploris School ($5.4m) and Futuro Academy Incorporated ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. At year end it held assets of $2.9m against liabilities of $301k, net assets of $2.6m.