Association of State Wetland Managers Inc

Analysis

Association of State Wetland Managers Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in July 1988, 38 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, Association of State Wetland Managers Inc reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $678k to $1.1m (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 110% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Association of State Wetland Managers Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within ME. Charities of a similar size with the same main cause include Friends of Casco Bay ($1.1m), Land Trust of Darien Inc ($1.1m) and Glacierland Resource Conservation & Development ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $92k (8.4% of expenses). Other salaries and wages came to $407k. At year end it held assets of $570k against liabilities of $383k, net assets of $186k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.