Dress for Success-Washington DC

Analysis

Dress for Success-Washington DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2002, 24 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 (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-Washington DC reported income of $156k and spending of $248k, spending 159% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $272k to $156k (-43%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 112% 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-Washington DC sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 26th percentile within DC. Charities of a similar size with the same main cause include Good Deed Project ($156k), Friends of Urban Inc ($156k) and Keep Peachtree City Beautiful Inc ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $90k against liabilities of $27k, net assets of $62k.