The White Coat Waste Project Inc

Analysis

The White Coat Waste Project Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, The White Coat Waste Project Inc reported income of $4.8m and spending of $3.9m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $4.8m (+241%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, The White Coat Waste Project Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 79th percentile within DC. Charities of a similar size with the same main cause include Pets Low Cost Spay and Neuter Clinic ($4.8m), International Seafood Sustainability Foundation ($4.8m) and Save the Manatee Club Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $165k (4.2% of expenses). Other salaries and wages came to $1.2m. It paid $177k in professional fundraising fees. At year end it held assets of $4.0m against liabilities of $257k, net assets of $3.7m. It reported 25 employees.