Reuse Works

Analysis

Reuse Works is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Reuse Works reported income of $390k and spending of $342k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $687k to $390k (-43%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Reuse Works sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Grow Benzie Inc ($389k), People of the Sacred Land ($390k) and Biotechnology Incubator at Nymc Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $26k (7.7% of expenses). Other salaries and wages came to $175k. At year end it held assets of $303k against liabilities of $12k, net assets of $291k. It reported 11 employees.