Friends of Recycling

Analysis

Friends of Recycling is a registered charity in United States, based in Haines, AK. It received its IRS tax-exemption ruling in May 1999, 27 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, Friends of Recycling reported income of $96k and spending of $62k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $256k to $96k (-62%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 45% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Recycling sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within AK. Charities of a similar size with the same main cause include Nature at the Confluence Inc ($96k), Sun City West Prides Inc ($97k) and Friends of Lime Kiln Society ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 43% of the total. Other salaries and wages came to $31k. At year end it held assets of $349k against liabilities of $3,878, net assets of $345k. It reported 3 employees.