Clothes That Work
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 490,772 | 494,285 | −3,513 | 5.7 | 50% |
| 2012 | 516,027 | 476,553 | 39,474 | 6.9 | 43% |
| 2013 | 627,541 | 529,587 | 97,954 | 8.4 | 32% |
| 2014 | 560,989 | 578,642 | −17,653 | 7.3 | 36% |
| 2015 | 583,384 | 567,980 | 15,404 | 7.8 | 42% |
| 2016 | 607,746 | 615,861 | −8,115 | 7.0 | 35% |
| 2017 | 653,402 | 653,958 | −556 | 6.6 | 45% |
| 2018 | 594,130 | 635,429 | −41,299 | 7.4 | 47% |
| 2019 | 1,483,098 | 1,388,640 | 94,458 | 4.2 | 21% |
| 2020 | 1,129,896 | 1,116,727 | 13,169 | 5.4 | 24% |
| 2021 | 1,373,672 | 1,209,024 | 164,648 | 6.6 | 24% |
| 2022 | 1,279,515 | 1,224,767 | 54,748 | 7.1 | 26% |
| 2023 | 1,573,978 | 1,438,278 | 135,700 | 7.1 | 30% |
In its most recent public year (2023), this organization brought in $135,700 more than it spent. Its reserves stood at about 7.1 months of spending, up from 5.7 in 2011. Staff pay was 30% of spending. $15,000 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Clothes That Work's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works