Dress for Success Michiana Inc

Analysis

Dress for Success Michiana Inc is a registered charity in United States, based in New Carlisle, IN. It received its IRS tax-exemption ruling in November 2018, 8 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 Michiana Inc reported income of $182k and spending of $178k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $182k (+138%), an average of +138% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 84% 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 Michiana Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Na Kuhio Ike ($182k), Tie-Boston Foundation Inc ($182k) and Starved Rock Country Alliance Inc ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.