Public Charity

ACCELERATING CIRCULARITY INC

ACCELERATING CIRCULARITY INC, of MIDDLE TOWN, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $836K in revenue, $1.5M in expenses, $2.3M in total assets. 2 publicly reported grants to this organization, totaling roughly $115K, appear in IRS filings.

EIN: 843906295 MIDDLE TOWN, NY Latest filing: 2024
Total Revenue$836K
Total Expenses$1.5M
Total Assets$2.3M
Grant Records2
Funding Total$115K
Filing Years2020–2024

Mission

TO ESTABLISH SYSTEMS THAT WILL USE THE EMBEDDED VALUE AND RESOURCES IN EXISTING TEXTILES FOR NEW PRODUCTS, REDUCING THE MILLIONS OF TONS OF TEXTILE WASTE ANNUALLY GOING INTO LANDFILLS AND THEREBY SUPPORTING THE REDUCTION OF THE INDUSTRY'S GHG EMISSIONS.

Officers & Directors

DIRECTOR Alice Hartley
TREASURER Edward Denes
DIRECTOR Eileen Mockus
PRESIDENT Karla Magruder
VICE PRESIDENT Shelly Gottschamer
DIRECTOR Steven Bethell

Officer compensation and complete director data available with membership.

Top Grant Purposes

ENVIRONMENT, ANIMALS
$100,000 1 grant
For grant recipient's exempt purposes
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $836K $1.5M $2.3M
2023 $2.4M $1.3M $3.0M
2022 $1.1M $823K $1.9M
2021 $785K $588K $1.5M
2020 $1.7M $347K $1.4M

Between 2020 and 2024, reported annual revenue declined from $1.7M to $836K (-50%), with total assets most recently reported at $2.3M.

Interactive year-over-year charts and full filing details available with membership.

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