Howard Ecoworks Inc
Analysis
Howard Ecoworks Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Howard Ecoworks Inc reported income of $1.2m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $605k to $1.2m (+104%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 99% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Howard Ecoworks Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Gowanus Canal Conservancy Inc ($1.2m), Womens Council Garden of the Dallas Arboretum & Botanical Society Inc ($1.2m) and Canary Media Inc ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $87k (7.5% of expenses). Other salaries and wages came to $624k. At year end it held assets of $588k against liabilities of $316k, net assets of $272k. It reported 44 employees.
Income and spending
Where the income comes from
- Contributions & grants 64%
- Program services 33%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gowanus Canal Conservancy Inc | Brooklyn | $1.2m |
| Womens Council Garden of the Dallas Arboretum & Botanical Society Inc | Dallas | $1.2m |
| Canary Media Inc | Asheville | $1.2m |
| The Green Door Initiative | Detroit | $1.2m |