Megunticook Watershed Association

Analysis

Megunticook Watershed Association is a registered charity in United States, based in Camden, ME. It received its IRS tax-exemption ruling in December 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Megunticook Watershed Association reported income of $158k and spending of $102k, leaving 35% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $78k to $158k (+101%), an average of +102% a year. The sharpest change came in the year to April 2024, when income rose by 101%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Megunticook Watershed Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 42nd percentile within ME. Charities of a similar size with the same main cause include Christian Outreach for Police and Their Spouses ($158k), Vrc-Mlcc Housing Corporation ($158k) and Entrepreneurs Organization ($158k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $235k against liabilities of $1,562, net assets of $234k.