Recycled Lives

Analysis

Recycled Lives is a registered charity in United States, based in Cambridge, MN. It received its IRS tax-exemption ruling in September 2014, 12 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, Recycled Lives reported income of $189k and spending of $202k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $220k to $189k (-14%), an average of -7.3% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Recycled Lives sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Lily Missions Center ($189k), Shepherds Center of Kansas City Kansas Inc ($189k) and United Church Home Society Inc-Uchs ($189k).

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 $38k against liabilities of $873, net assets of $37k.