Clothes to Kids Ri

Analysis

Clothes to Kids Ri is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in June 2016, 10 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, Clothes to Kids Ri reported income of $367k and spending of $419k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $538k to $367k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clothes to Kids Ri sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within RI. Charities of a similar size with the same main cause include Itn St Charles ($367k), Pop-Up Birthday Foundation ($367k) and Revision Project Inc ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $47k. At year end it held assets of $291k against liabilities of $0, net assets of $291k. It reported 3 employees.