Dress for Success Houston

Analysis

Dress for Success Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1998, 28 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 Houston reported income of $3.1m and spending of $2.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.1m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dress for Success Houston sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include The Parenting Center ($3.1m), Deaf Independent Living Association Inc ($3.1m) and Jumoke Community Based Care Incorporated ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $240k (8.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $17.2m against liabilities of $99k, net assets of $17.1m. It reported 24 employees.