Product Care Association
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
Where the income comes from
- Program services 94%
- Other 5.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Taproot Earth | Slidell | $32.8m |
| Colorado Open Lands | Lakewood | $33.1m |
| Chesapeake Bay Foundation Inc | Annapolis | $32.2m |
| Serc Reliability Corporation | Charlotte | $33.2m |