Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2004.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
93 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
10 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Trains people for jobs and creates economic opportunities by reusing and recycling textiles.
Questions for Reuse Works
Your first name shows with your question. Reuse Works answers here, for everyone.
Ragfinery is a job training business that salvages and repurposes post-consumer textiles. It supports jobs and provides job training while educating the community about textile waste reduction and keeping thousands of pounds of textiles out of the waste stream.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $217K | $272K |
| Land, buildings, equipmentLn 10c | $32K | $28K |
| Total assetsLn 16 | $251K | $303K |
| LiabilitiesLn 26 | $12K | $12K |
| Net assetsLn 32 | $240K | $291K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $26K | $12K | $12K | $3K |
| Other salaries and wagesLn 7 | $175K | $175K | ||
| Pension plan contributionsLn 8 | $952 | $663 | $236 | $53 |
| Payroll taxesLn 10 | $25K | $23K | $2K | $340 |
| Management feesLn 11a | $100 | $100 | ||
| Legal feesLn 11b | $140 | $140 | ||
| Accounting feesLn 11c | $10K | $9K | $1K | |
| Other fees for servicesLn 11g | $125 | $125 | ||
| Advertising and promotionLn 12 | $620 | $620 | ||
| Office expensesLn 13 | $2K | $1K | $164 | $468 |
| Information technologyLn 14 | $793 | $793 | ||
| OccupancyLn 16 | $54K | $49K | $5K | |
| TravelLn 17 | $1K | $1K | ||
| Conferences, conventions and meetingsLn 19 | $2K | $2K | ||
| Depreciation, depletion and amortizationLn 22 | $8K | $8K | ||
| InsuranceLn 23 | $7K | $6K | $715 | |
| Other expenses (24a–d)Ln 24 | $28K | $28K | $191 | |
| Total functional expensesLn 25 | $342K | $317K | $21K | $3K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 14, 2025 | $576K | $588K | −$12K | $279K | 990 PDF |
| FY2023 ViewingFiled with the IRS Nov 15, 2024 | $390K | $342K | $48K | $291K | 990 PDF |
| FY2022Filed with the IRS Nov 15, 2023 | $349K | $319K | $30K | $240K | 990 PDF |
| FY2021Filed with the IRS Nov 11, 2022 | $313K | $221K | $92K | $219K | 990 PDF |
| FY2020Filed with the IRS Nov 14, 2021 | $298K | $244K | $54K | $116K | 990 PDF |
Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $389,622 revenue, 12 lines filed
Part VI · Governance 3 to look at
Part VIII · Statement of revenue $389,622 across 7 lines filed
Part IX · Statement of functional expenses $341,861 across 17 lines filed
Part X · Balance sheet $302,515 assets, 10 lines filed
Part XI · Reconciliation of net assets $290,510 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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