Maine Wilderness Watershed Trust Inc
Analysis
Maine Wilderness Watershed Trust Inc is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Maine Wilderness Watershed Trust Inc reported income of $167k and spending of $104k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $339k to $167k (-51%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 48% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Maine Wilderness Watershed Trust Inc 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 50th percentile, and in the 43rd percentile within ME. Charities of a similar size with the same main cause include Renewable Energy for Better Life Foundation ($167k), Burney-Fall River Education Foundation ($167k) and Breathe Utah ($167k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $4,000 (3.9% of expenses). At year end it held assets of $3.0m against liabilities of $13, net assets of $3.0m.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Program services 0.2%
- Other 38%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Renewable Energy for Better Life Foundation | Plano | $167k |
| Burney-Fall River Education Foundation | McArthur | $167k |
| Breathe Utah | Sandy | $167k |
| Tuckernuck Land TR Inc | Nantucket | $168k |