Dress for Success Oklahoma City Inc

Analysis

Dress for Success Oklahoma City Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in November 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, Dress for Success Oklahoma City Inc reported income of $446k and spending of $339k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $446k (+118%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 421%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dress for Success Oklahoma City Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include Foundation Cheikh Amadou Bamba of North America ($446k), Woodford County Heartline Association Incorporated ($446k) and Helping Establish Assistance Resource Team Heart ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $107k. At year end it held assets of $850k against liabilities of $3,140, net assets of $847k. It reported 4 employees.