Controlled Release Society Inc

Analysis

Controlled Release Society Inc is a registered charity in United States, based in Mount Laurel, NJ. It received its IRS tax-exemption ruling in November 1979, 47 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, Controlled Release Society Inc reported income of $1.9m and spending of $2.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.9m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Controlled Release Society Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Harpswell Heritage Land Trust ($1.9m), Alabama Bass Trail ($1.9m) and Hartford Land Bank Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 95% of the total. At year end it held assets of $2.2m against liabilities of $170k, net assets of $2.0m.