Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Closet Inc, a nonprofit organization based in Ada County, focuses on providing free clothing to teens in grades 6-12 who are in need. With an operating budget of $81.5K and total revenue of $83.6K for the 2024 filing year, the organization relies on various funders to support its mission of empowering young individuals by helping them select clothing that builds their confidence and encourages meaningful engagement with the world. More information can be found on their website, theclosetinc.org.

Mission Statement

Providing free clothes to teens in need. Ada County teens in grades 6-12 hear about The Closet through their school counselors, juvenile corrections case managers, homeless shelters, and other local agencies. Our goal is to clothe our young clients in items they feel proud to wear and help them choose those perfect items that will build their confidence and help them engage with the world in a more meaningful way.
Revenues
$83.6K
Expenses
$81.5K
Net Income:
+$2K
Assets
$95.5K
Liabilities
$728
Net Assets:
+$94.7K
Operating Budget
$81.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$21K
Largest grant received
$26K
K
Kelly McMurry
Board Member
M
Matthew McMurry
Board Member
C
Cathy Wright
Board Member

Frequently Asked Questions

What is THE CLOSET INC’s budget?
In 2024, THE CLOSET INC reported an annual operating budget of around $82 thousand. More detailed financial information is available to registered users.
What causes does THE CLOSET INC support?
THE CLOSET INC supports work in Basic and emergency aid.
Where does THE CLOSET INC operate?
THE CLOSET INC is headquartered in Boise, ID.
Who funded THE CLOSET INC recently?
In 2024, THE CLOSET INC received grants from HOLLAND M WARE CHARITABLE FOUNDATION, DALLAS AND ALTA HARRIS FAMILY FOUNDATION INC, and HOLLAND M WARE CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE CLOSET INC received in 2024?
The largest grant to THE CLOSET INC in 2024 exceeds $26 thousand.