Bay Area Recycling for Charities

Analysis

Bay Area Recycling for Charities is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in May 2008, 18 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 2022, Bay Area Recycling for Charities reported income of $1.7m and spending of $1.7m, spending 104% of its income. Across the 3 years on record, from December 2019 to December 2022, income fell from $2.0m to $1.7m (-16%), an average of -8.4% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 104% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Bay Area Recycling for Charities sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Blue Mountain Land Trust ($1.7m), Water Education Foundation ($1.7m) and Avalonia Land Conservancy Inc ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 3.6% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $65k (3.7% of expenses). Other salaries and wages came to $686k. At year end it held assets of $1.2m against liabilities of $645k, net assets of $527k. It reported 48 employees.