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Maine Wilderness Watershed Trust Inc

RegisteredEIN 01-0446281Augusta, MEEnvironment and conservation
Income$167k2023-12
Spending$104ksame year
Spent / received48%5-year average
Size in its cause47th pctEnvironment and conservation
Exempt since1994Publicly supported organisat
Employees0latest return

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

$0$98k$196k$294k$392k2019 Income: $339,1022019 Spending: $112,47220192020 Income: $279,2042020 Spending: $156,32220202021 Income: $392,4192021 Spending: $161,57720212022 Income: $202,8792022 Spending: $124,06720222023 Income: $167,4872023 Spending: $103,8512023
IncomeSpending

Where the income comes from

  • Contributions & grants 62%
  • Program services 0.2%
  • Other 38%

Similar-sized charities, same cause

CharityLocationIncome
Renewable Energy for Better Life FoundationPlano$167k
Burney-Fall River Education FoundationMcArthur$167k
Breathe UtahSandy$167k
Tuckernuck Land TR IncNantucket$168k