Golden Rule Clothes Closet & More
Only null% goes to programs Strong reserves Growing revenue
Golden Rule Clothes Closet & More is a 501(c)(3) organization based in Fort Smith, Arkansas, registered in 2022, with $105,399 in FY2024 revenue. CharityIndex grades it C+.
212 N 3rd St, Fort Smith, AR, 72901 EIN 72-1304354 Since 2022
Revenue (FY2024)
$105K
▲ 49.7% vs prior year
Human Services median: $293K
Expenses (FY2024)
$46K
Net assets
$316K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Golden Rule Clothes Closet & More— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating83 mo reserves · +57% margin
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 Golden Rule Clothes Closet & More: 83 mo reserves · +57% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Golden Rule Clothes Closet & More— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Golden Rule Clothes Closet & More: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 212 N 3rd St, Fort Smith, AR, 72901
- City
- Fort Smith
- State
- Arkansas
- Category
- Human Services
- Subcategory
- Human Service Organizations
Financial trends
Revenue declined from $233K (FY2022) to $105K (FY2024) across 3 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $316K
Operating margin
56.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$316K
Total liabilities
$0
Net assets
$316K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $105,399▲49.7% | $45,794▲10.5% | $316,183▲23.2% | $316,183▲23.1% | 990EZ |
| 2023 | $70,403▼69.8% | $41,424▲153% | $256,578▲12.7% | $256,894▲12.4% | 990EZ |
| 2022 | $233,074 | $16,386 | $227,599 | $228,643 | 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.
Grants received · $31K total
4 grants to Golden Rule Clothes Closet & More totaling $31K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Arkansas Community Foundation Inc | General operating support | 2017 | $10,000 |
| Arkansas Community Foundation Inc | To distribute arkansas gives funds | 2016 | $11,083 |
| Arkansas Community Foundation Inc | General support of the golden rule clothes closet | 2016 | $5,000 |
| Arkansas Community Foundation Inc | For general operating support | 2015 | $5,000 |
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Compare Golden Rule Clothes Closet & More
Frequently asked questions
- Is Golden Rule Clothes Closet & More a legitimate nonprofit?
- Yes. Golden Rule Clothes Closet & More is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-1304354, based in Fort Smith, Arkansas. Donations are tax-deductible.
- What is Golden Rule Clothes Closet & More's EIN?
- Golden Rule Clothes Closet & More's Employer Identification Number (EIN) is 72-1304354.
- How much revenue does Golden Rule Clothes Closet & More report?
- Golden Rule Clothes Closet & More reported $105,399 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Golden Rule Clothes Closet & More have?
- CharityIndex grades Golden Rule Clothes Closet & More C+, based on financial health (reserves and operating margin).
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Data for Golden Rule Clothes Closet & More (EIN 72-1304354) 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.