Overview
What is Clothes To Kids Inc?
Clothes To Kids Inc, situated in Clearwater, Florida, is a nonprofit organization that focuses on addressing the clothing needs of low-income school-aged children. In 2022 alone, they distributed 15,766 wardrobes, ensuring that these children had access to quality clothing at no cost. The average expense for providing a wardrobe is $65. As many as half of the students in both Pinellas and Hillsborough Counties meet the criteria for free or reduced-price lunches, which is an indicator of economic need. The organization's primary mission is to provide these children with both new and gently used clothing, demonstrating a commitment to uplifting their self-esteem and overall well-being. The team at Clothes To Kids Inc consists of 21 dedicated individuals working tirelessly to promote this cause.
Official website here: www.clothestokids.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
Clothes To Kids Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 100% in the Accountability & Finance category, demonstrating effective governance and fiscal responsibility. Notably, all board members are independent, and the charity maintains a robust oversight committee, which enhances its credibility and transparency.
The financial metrics further highlight the organization's efficiency, with a program expense ratio of 88.80%, showing that a significant portion of its funds is directed towards its mission of providing clothing to children in need. Additionally, the fundraising efficiency ratio of $0.062 indicates that the charity is able to raise funds effectively with minimal overhead costs, which is a positive sign for potential donors.
Despite its strengths, there is limited information on the organization's long-term sustainability and program impacts. However, the strong financial ratios and fully independent board suggest that Clothes To Kids Inc is well-positioned to continue its important work in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Clothes To Kids Inc legitimate?
Clothes To Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clothes To Kids Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $90,790
Professional Fundraising Fees: $0
Other Salaries and Wages: $356,472
For more financial information, click here
Official website here: www.clothestokids.org
What is the mission statement of Clothes To Kids Inc?
Clothes To Kids Inc, as an organization, is dedicated to serving low-income school-aged children by providing them with new and high-quality used clothing at no cost. Their mission is centered around empowering these children, ensuring they have the essential clothing items they need to attend school comfortably and confidently. In 2022, they successfully distributed 15,766 wardrobes. It's noteworthy that the average cost for Clothes To Kids to provide one wardrobe is $65. In Pinellas and Hillsborough Counties, over half of the student population qualifies for free or reduced-price lunches, highlighting the significant need for their services.
Official website here: www.clothestokids.org
Who is the CEO of Clothes To Kids Inc?
Jennifer Jacobs is the Board Member of Clothes To Kids Inc.
Official website here: www.clothestokids.org
What is the revenue of Clothes To Kids Inc?
Clothes To Kids Inc's revenue in 2022 was $2,619,779.
Official website here: www.clothestokids.org
Who are the executives of Clothes To Kids Inc and what are their salaries?
The average compensation at Clothes To Kids Inc during 2022 was $21,298. There are 21 employees and 200 volunteers at Clothes To Kids Inc.
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- Compensation: $90,790
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Official website here: www.clothestokids.org
Where can I find the form 990 for Clothes To Kids Inc?
Clothes To Kids Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clothestokids.org
Learn more at the official website: www.clothestokids.org
Mission Statement of Clothes To Kids Inc
Clothes To Kids Inc, a nonprofit organization, is dedicated to serving low-income school-aged children by providing them with new and high-quality used clothing, free of charge. In 2022 alone, the organization managed to distribute a substantial number of wardrobes, totaling 15,766, to children in need. The mission of Clothes To Kids Inc is deeply rooted in the belief that every child, regardless of their financial situation, deserves to have access to appropriate clothing for school. The organization understands that the cost of new clothing can be a significant burden for many families, and by providing quality used clothing, they help alleviate this financial strain.
It's important to note that the need for Clothes To Kids Inc's services is substantial. In both Pinellas and Hillsborough Counties, over half of all students qualify for free or reduced price lunch. This statistic highlights the prevalence of poverty among school-aged children and the critical role that organizations like Clothes To Kids Inc play in supporting these families. By providing clothing, the organization helps these children to feel more confident and comfortable in their school environment, which can in turn improve their overall well-being and academic success.
In summary, Clothes To Kids Inc is a nonprofit organization that is committed to providing new and quality used clothing to low-income school-aged children, free of charge. By doing so, they help alleviate the financial burden that many families face and help these children feel more confident and comfortable in their school environment. Their mission is a testament to the belief that every child deserves the opportunity to succeed, regardless of their financial circumstances.
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Impact
October, 2024
Clothes To Kids Inc significantly impacts the lives of low-income school-aged children by providing them with new and quality used clothing at no cost. In 2022 alone, they distributed a remarkable 15,766 wardrobes, which plays a crucial role in supporting the self-esteem and dignity of children in need. Each wardrobe, costing $65, not only meets a basic necessity but also helps ensure that children are prepared for school and feel confident among their peers. With more than half of students in both Pinellas and Hillsborough Counties qualifying for free or reduced-price lunch, Clothes To Kids Inc addresses a vital need, fostering a sense of belonging and support in the community. Through their efforts, they highlight the importance of clothing access in educational settings and the broader human services landscape.
This information is meant to be a general summary of Clothes To Kids Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$103,694
- Gross Receipts: $2,687,078
Assets and Liabilities:
- Total Assets: $2,320,218
- Total Liabilities: $335,343
- Net Assets: $1,984,875
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Organization Details
Founding Year
2002
Phone
(727) 441-5050Principal Officer
Jennifer Jacobs
Main Address
1059 - N Hercules Avenue, Clearwater, FL, 33765
Website
www.clothestokids.orgNTEE Category
Code: P60 - Human services
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