Dress for Success Brookhaven Inc

Analysis

Dress for Success Brookhaven Inc is a registered charity in United States, based in Farmingville, NY. It received its IRS tax-exemption ruling in September 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dress for Success Brookhaven Inc reported income of $68k and spending of $63k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $68k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 65% 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 Brookhaven Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Pedals Michigan ($68k), TRV Stewardship Council ($68k) and Eigerlab NFP ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $396k against liabilities of $0, net assets of $396k.