Drycleaning & Laundry Institute is a 501(c)(6) organization based in Laurel, Maryland, registered in 1981, with $1,497,163 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.5M
▼ 13.2% vs prior year
Expenses (FY2024)
$1.5M
Net assets
$10.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Drycleaning & Laundry Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Drycleaning & Laundry Institute: 80 mo reserves · -1% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Drycleaning & Laundry Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Drycleaning & Laundry Institute: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $2.4M (FY2013) to $1.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-1.0%
Spent more than it raised in the latest fiscal year.
Total assets
$10.7M
Total liabilities
$619K
Net assets
$10.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,497,163▼13.2% | $1,511,713▲4.9% | $10,036,938▲2.9% | $10,655,620▲4.0% | 990 |
| 2023 | $1,725,385▼64.1% | $1,441,550▲3.2% | $9,752,546▲9.8% | $10,247,810▲12.2% | 990 |
| 2022 | $4,811,649▲221% | $1,396,462▼2.5% | $8,885,750▼4.8% | $9,135,498▼5.2% | 990 |
| 2021 | $1,500,891▼13.4% | $1,432,530▲11.6% | $9,335,111▲6.7% | $9,637,718▲5.1% | 990 |
| 2020 | $1,733,323▼2.7% | $1,283,542▼33.9% | $8,745,288▲26.7% | $9,168,854▲22.8% | 990 |
| 2019 | $1,780,673▼64.8% | $1,942,803▲2.5% | $6,901,950▼9.8% | $7,465,123▼9.0% | 990 |
| 2018 | $5,053,854▲105% | $1,895,269▼0.8% | $7,652,264▲77.5% | $8,202,236▲68.1% | 990 |
| 2017 | $2,463,649▲47.5% | $1,910,991▲8.6% | $4,312,197▲17.8% | $4,879,379▲15.1% | 990 |
| 2016 | $1,670,518▼25.7% | $1,760,177▼1.7% | $3,660,499▼0.4% | $4,239,479▼2.8% | 990 |
| 2015 | $2,248,494▲28.3% | $1,790,155▲0.7% | $3,673,564▲11.8% | $4,360,350▲10.4% | 990 |
| 2014 | $1,752,273▼26.3% | $1,777,048▼2.8% | $3,284,474▼0.6% | $3,947,975▼1.1% | 990 |
| 2013 | $2,376,816 | $1,828,696▲6.1% | $3,304,011▲28.0% | $3,992,276▲20.0% | 990 |
| 2012 | — | $1,723,255▼0.9% | $2,581,954▼2.1% | $3,327,554▼2.7% | 990 |
| 2011 | — | $1,739,472▼25.4% | $2,636,313▲17.3% | $3,419,247▲1.3% | 990 |
| 2010 | — | $2,330,837 | $2,248,179 | $3,374,336 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Drycleaning & Laundry Institute (EIN 36-0726330) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.