Carolina Recycling Association

Analysis

Carolina Recycling Association is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in January 1989, 37 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 June 2023, Carolina Recycling Association reported income of $389k and spending of $360k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $396k to $389k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income rose by 134%. Over the whole period it spent 105% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Carolina Recycling Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within SC. Charities of a similar size with the same main cause include Ridge and Valley Conservancy Inc ($388k), One Hundred Club of Saginaw ($389k) and Association of Florida Conservation Districts ($388k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $76k (21% of expenses). Other salaries and wages came to $84k. At year end it held assets of $530k against liabilities of $50k, net assets of $480k. It reported 3 employees.