Recraft Creative Reuse Center

Analysis

Recraft Creative Reuse Center is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Recraft Creative Reuse Center reported income of $302k and spending of $297k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $302k (+130%), an average of +130% a year. The sharpest change came in the year to December 2023, when income rose by 130%. 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, Recraft Creative Reuse Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within SC. Charities of a similar size with the same main cause include Tahoe Institute for Natural Science ($302k), Friends of the Norwalk River Valley Trail Inc ($302k) and Friends of the White River Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $38k (13% of expenses). Other salaries and wages came to $130k. At year end it held assets of $51k against liabilities of $0, net assets of $51k.