Earthwise Industries

Analysis

Earthwise Industries is a registered charity in United States, based in Troy, MO. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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, Earthwise Industries reported income of $575k and spending of $577k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $727k to $575k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Earthwise Industries sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include This-N-That Thrift Shop Inc ($575k), Maiden Rescue Squad Inc ($575k) and Hogar Infantil Jesus Nazareno Inc ($575k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $404k. At year end it held assets of $373k against liabilities of $87k, net assets of $286k. It reported 58 employees.