Recycling Works

Analysis

Recycling Works is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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, Recycling Works reported income of $425k and spending of $375k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $320k to $425k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Recycling Works sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MT. Charities of a similar size with the same main cause include Summit Educational Association Inc ($425k), Edgewater Housing Finance Corporation ($425k) and Collegeville Fire Company No 1 ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $62k (17% of expenses). Other salaries and wages came to $129k. At year end it held assets of $170k against liabilities of $26k, net assets of $144k. It reported 4 employees.