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Mass Recycle Inc

RegisteredEIN 04-3072799Boston, MAEnvironment and conservation
Income$161k2023-12
Spending$119ksame year
Spent / received74%2-year average
Size in its cause46th pctEnvironment and conservation
Exempt since1991Publicly supported organisat
Employees–latest return

Analysis

Mass Recycle Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mass Recycle Inc reported income of $161k and spending of $119k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $161k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 74% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Mass Recycle Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Paul F Brandwein Institute Inc ($161k), Black Bear Solar Institute Corporation ($161k) and Bloomfield Conservancy Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 67% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.

Income and spending

$0$40k$80k$121k$161k2022 Income: $114,0922022 Spending: $84,15120222023 Income: $160,8632023 Spending: $118,6912023
IncomeSpending

Where the income comes from

  • Contributions & grants 10.0%
  • Program services 67%
  • Other 23%

Similar-sized charities, same cause

CharityLocationIncome
Paul F Brandwein Institute IncPort Jervis$161k
Black Bear Solar Institute CorporationJohnson City$161k
Bloomfield Conservancy IncStaten Island$161k
Central Savannah River Land Trust IncEvans$161k