Orcas Recycling Services

Analysis

Orcas Recycling Services is a registered charity in United States, based in Eastsound, WA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Orcas Recycling Services reported income of $2.5m and spending of $2.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.5m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Orcas Recycling Services sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Conexian Americas ($2.5m), The Denny Price Family YMCA of Enid Oklahoma Inc ($2.5m) and Job Point ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 95% of the total. Other salaries and wages came to $580k. At year end it held assets of $2.8m against liabilities of $89k, net assets of $2.7m. It reported 27 employees.