Cindys Closet Inc

Analysis

Cindys Closet Inc is a registered charity in United States, based in Ruther Glen, VA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cindys Closet Inc reported income of $136k and spending of $127k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $136k (+8.5%), an average of +8.5% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cindys Closet Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Jamie Cordial Hall Foundation ($136k), Meals on Wheels ($136k) and El Emet Inc ($136k).

At year end it held assets of $59k against liabilities of $0, net assets of $59k.