Dress for Success Reno- Northern Nevada

Analysis

Dress for Success Reno- Northern Nevada is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 2017, 9 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 Reno- Northern Nevada reported income of $217k and spending of $194k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $270k to $217k (-20%), an average of -7.0% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 92% 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 Reno- Northern Nevada sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 60th percentile within NV. Charities of a similar size with the same main cause include Rhode Island Organizing Project ($217k), Celebrate Edu ($217k) and Links to Success ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $59k (31% of expenses). Other salaries and wages came to $31k. At year end it held assets of $123k against liabilities of $22k, net assets of $101k. It reported 2 employees.