Hoosic River Watershed Association Inc

Analysis

Hoosic River Watershed Association Inc is a registered charity in United States, based in Williamstown, MA. It received its IRS tax-exemption ruling in June 1987, 39 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, Hoosic River Watershed Association Inc reported income of $87k and spending of $70k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $87k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 72% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hoosic River Watershed Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Society of Saint Vincent de Paul St Julie Billiart Conference ($87k), Save Our Illinois Land ($87k) and Friends of Horicon International Education Center Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $36k (51% of expenses). At year end it held assets of $227k against liabilities of $1,520, net assets of $226k. It reported 1 employees.