Susies Closet

Analysis

Susies Closet is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in April 1977, 49 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Susies Closet reported income of $57k and spending of $75k, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $46k to $57k (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income dropped by 58%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Susies Closet sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Galesburg Per Club Inc ($57k), Thomas G Cavanagh Memorial Fund Inc ($57k) and Philippine Bisayan Society of Nevada Inc ($57k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 105% and program service revenue 1.8% of the total. Other salaries and wages came to $20k. At year end it held assets of $75k against liabilities of $5,071, net assets of $70k. It reported 5 employees.