Eco-Cycle Inc
Analysis
Eco-Cycle Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in March 1978, 48 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 2023, Eco-Cycle Inc reported income of $9.7m and spending of $10.0m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $9.7m (+22%), an average of +5.0% a year. Over the whole period it spent 102% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Eco-Cycle Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Seventy-Five North Revitalization Corporation ($9.7m), Solidaridad North America ($9.7m) and Climate Justice Alliance ($9.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $367k (3.7% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $9.3m against liabilities of $1.7m, net assets of $7.6m. It reported 71 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 84%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Seventy-Five North Revitalization Corporation | Omaha | $9.7m |
| Solidaridad North America | Berkeley | $9.7m |
| Climate Justice Alliance | Los Angeles | $9.6m |
| Riverside Park Conservancy Inc | New York | $9.9m |