New Ecology Inc

Analysis

New Ecology Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 1999, 27 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, New Ecology Inc reported income of $8.0m and spending of $8.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $8.0m (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, New Ecology Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Lower Columbia Estuary Partnership ($8.0m), Adirondack Land Trust Inc ($8.0m) and Sevier Solid Waste Inc ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $335k (4.1% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $5.1m against liabilities of $3.6m, net assets of $1.5m. It reported 65 employees.