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Product Care Association

RegisteredEIN 98-0701785CanadaEnvironment and conservation
Income$32.8m2023-12
Spending$34.5msame year
Spent / received94%5-year average
Size in its cause99th pctEnvironment and conservation
Exempt since2017Publicly supported organisat
Employees0latest return

Analysis

Product Care Association is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Product Care Association reported income of $32.8m and spending of $34.5m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $32.9m to $32.8m (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Product Care Association sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Taproot Earth ($32.8m), Colorado Open Lands ($33.1m) and Chesapeake Bay Foundation Inc ($32.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $468k (1.4% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $55.0m against liabilities of $6.3m, net assets of $48.7m.

Income and spending

$0$9.4m$18.8m$28.1m$37.5m2019 Income: $32,869,1912019 Spending: $27,295,00120192020 Income: $35,058,3382020 Spending: $28,015,68220202021 Income: $37,529,2962021 Spending: $32,930,92120212022 Income: $31,646,9562022 Spending: $36,544,74020222023 Income: $32,817,1882023 Spending: $34,546,0702023
IncomeSpending

Where the income comes from

  • Program services 94%
  • Other 5.7%

Similar-sized charities, same cause

CharityLocationIncome
Taproot EarthSlidell$32.8m
Colorado Open LandsLakewood$33.1m
Chesapeake Bay Foundation IncAnnapolis$32.2m
Serc Reliability CorporationCharlotte$33.2m