Disposable compost bin

A disposable compost bin for receiving compostable materials, the bin comprising:

• a container comprised of a compostable material, the container having a closed bottom portion, a continuous wall defining an open upper portion, and a continuous lid receiving edge on the open upper portion, the container having a continuous inner surface and a shaped groove on a first outer surface;
• a removable lid having a substantially rectangular shape and a continuous outer edge, the lid insertably placed on the continuous lid receiving edge of the container for sealing the received compostable materials, the removable lid forming a vacuum-like seal when insertably placed on the continuous lid receiving edge;
• and
• a mounting means received in the shaped groove for holding the container, the mounting means securing the container to a side wall structure.