Waste to Charity Inc

Analysis

Waste to Charity Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Waste to Charity Inc reported income of $952k and spending of $770k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $620k to $952k (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Waste to Charity Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Growtorah Inc ($950k), Alaska Rural Water Association ($952k) and Virginia Conservation Network ($950k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $240k (31% of expenses). At year end it held assets of $2.3m against liabilities of $924k, net assets of $1.3m. It reported 2 employees.