Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

FABSCRAP INC is a nonprofit organization focused on recycling unused fabric, with a mission to maximize its value through accessible services and community education. Operating with a budget of $1.6 million, FABSCRAP is committed to empowering changemakers in the community. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at www.fabscrap.org.

Mission Statement

TO MAXIMIZE THE VALUE OF UNUSED FABRIC, FABSCRAP IS A CONVENEIENT AND TRANSPARENT SERVICE, IS AN AFFORDABLE AND ACCESSIBLE MATERIALS RESOURCE, AND IS EDUCATING AND EMPOWERING A COMMUNITY OF CHANGEMAKERS.
Revenues
$1.6M
Expenses
$1.6M
Net Income:
+$60.1K
Assets
$1.6M
Liabilities
$1.5M
Net Assets:
+$85.9K
Operating Budget
$1.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
9
Median grant size
$10.5K
Largest grant received
$58.6K
J
Jessica Schreiber
Board Member
C
Camille D Tagle
Board Member
D
Dave Hirschler
Board Member

Frequently Asked Questions

What is FABSCRAP INC’s budget?
In 2024, FABSCRAP INC reported an annual operating budget of around $1.6 million. More detailed financial information is available to registered users.
What causes does FABSCRAP INC support?
FABSCRAP INC supports work in Recycling.
Where does FABSCRAP INC operate?
FABSCRAP INC is headquartered in New York, NY.
Who funded FABSCRAP INC recently?
In 2025, FABSCRAP INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, AMERICAN EAGLE OUTFITTERS FOUNDATION, and THE DOUBLE-R FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant FABSCRAP INC received in 2024?
The largest grant to FABSCRAP INC in 2024 exceeds $59 thousand.
What is FABSCRAP INC’s reliance on government grants?
FABSCRAP INC relied on government grants for more than 10% of their total revenue in 2024.