Alliance to End Plastic Waste Inc

Analysis

Alliance to End Plastic Waste Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2020, 6 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 December 2023, Alliance to End Plastic Waste Inc reported income of $80.1m and spending of $62.7m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $66.6m to $80.1m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 59% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Alliance to End Plastic Waste Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Paintcare Inc ($78.8m), Kansas Association of Child Care Resource and Referral Agencies ($81.0m) and Chicago Horticultural Society ($76.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $4.6m (7.3% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $159.0m against liabilities of $6.4m, net assets of $152.5m. It reported 7 employees.