Home / Financials

Where the money goes.

How we are funded

The program pays for itself.

Recycle for Change runs a self-subsidized textile reuse program that costs taxpayers nothing. Revenue generated from donated clothing and shoes fully funds our collection operations across more than 11 counties — and after those operating costs are covered, surplus revenue funds the volunteer training programs that support sustainable development projects worldwide.

$0
Cost to taxpayers
11+ counties
Collection operations funded entirely by donated clothing
$15+ Million
Raised for our programs to date
Financials

Where the money goes.

We're a 501(c)(3) nonprofit (EIN 94-3371033). This is how our expenses broke down in fiscal year 2024, as reported to the IRS on Form 990.

Clothes collection programDrivers, boxes, servicing, and our Richmond sorting facility 68.6%
Sustainable development supportGrants funding the training of volunteers working abroad 24.7%
AdministrationGovernance, accounting, insurance, and compliance 3.6%
FundraisingRaising the additional funds that extend our programs 3.1%

93.3% of what we spent went directly to programs — collecting textiles and supporting development work — with 6.7% on administration and fundraising combined. Full figures are in our Form 990, linked below.

Publications

Public filings and other materials.

Our Form 990 filings are public record and available through GuideStar/Candid and ProPublica's Nonprofit Explorer for anyone who wants to review our finances and governance in detail.

IRS Form 990 filings
Fiscal years 2022–2024 · via ProPublica Nonprofit Explorer
View filings
GuideStar / Candid profile
Programs, funding & leadership overview
View profile
Charity Navigator rating
Accountability & finance review
View rating

Ready to put your old clothes to work?

Whether it's hosting a Box, organizing a collection drive, or just dropping off a bag — every pound counts.