Freeport Recycle Store

Analysis

Freeport Recycle Store is a registered charity in United States, based in Freeport, IL. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Freeport Recycle Store reported income of $72k and spending of $75k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $72k (-1.7%), an average of -1.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Freeport Recycle Store sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include True Path Ministry Inc ($72k), PTA North Carolina Congress ($72k) and Friends of the Westport Council on Aging Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5,403 against liabilities of $0, net assets of $5,403.