Upcycled Inc

Analysis

Upcycled Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in September 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 (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, Upcycled Inc reported income of $134k and spending of $119k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $149k to $134k (-10.0%), an average of -10% a year. Over the whole period it spent 74% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Upcycled Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include Global LPG Partnership Inc ($134k), Ocean Riders of Marin ($134k) and Habitat Management Foundation ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.