Recycling for a Better Tomorrow a Schnitzer Steel Industries Charita

Analysis

Recycling for a Better Tomorrow a Schnitzer Steel Industries Charita is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Recycling for a Better Tomorrow a Schnitzer Steel Industries Charita reported income of $54k and spending of $8,156, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $54k (+160%), an average of +160% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Recycling for a Better Tomorrow a Schnitzer Steel Industries Charita sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OR. Charities of a similar size with the same main cause include Chigo Adult Foster Care Home ($54k), Biltomore 15k Classic Inc ($54k) and Mobility Worldwide Kansas Moundridge Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.