Ray Lovato Recycling Center

Analysis

Ray Lovato Recycling Center is a registered charity in United States, based in Rock Springs, WY. It received its IRS tax-exemption ruling in August 2019, 7 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 June 2024, Ray Lovato Recycling Center reported income of $280k and spending of $276k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $249k to $280k (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ray Lovato Recycling Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within WY. Charities of a similar size with the same main cause include Equine Land Conservation Resource Inc ($280k), Rostraver Township Volunteer Fire Department 1 ($281k) and Keep Toledo Beautiful Inc ($280k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $178k. At year end it held assets of $149k against liabilities of $0, net assets of $149k.