Accelerating Circularity Inc

Analysis

Accelerating Circularity Inc is a registered charity in United States, based in Middletown, NY. It received its IRS tax-exemption ruling in March 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, Accelerating Circularity Inc reported income of $2.4m and spending of $1.3m, leaving 46% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.7m to $2.4m (+42%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 52% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Accelerating Circularity Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Berkshire Garden Center Inc ($2.4m), Wyoming Outdoor Council ($2.4m) and Gulf of Mexico Alliance ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Other salaries and wages came to $244k. At year end it held assets of $3.0m against liabilities of $158k, net assets of $2.9m. It reported 9 employees.