B & L Woodwaste Custodial Trust

Analysis

B & L Woodwaste Custodial Trust is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, B & L Woodwaste Custodial Trust reported income of $126k and spending of $312k, spending 249% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $126k (+139%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 1171%. Over the whole period it spent 222% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, B & L Woodwaste Custodial Trust sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 38th percentile within WA. Charities of a similar size with the same main cause include Bruns Auri Inc ($125k), Shared Power Network Inc ($126k) and Maricopa Trail and Park Foundation ($125k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 16% of the total. Compensation of current officers, directors and key employees was $10k (3.3% of expenses). At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.