Massachusetts Water Environment Association Inc
Analysis
Massachusetts Water Environment Association Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Massachusetts Water Environment Association Inc reported income of $75k and spending of $54k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $92k to $75k (-18%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 73% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Massachusetts Water Environment Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Wildlife Habitat Conservancy Inc ($75k), Greenlands Reserve ($75k) and Friends of Madison County Parks and Trails ($75k).
On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 72% of the total. At year end it held assets of $113k against liabilities of $3,250, net assets of $109k.
Income and spending
Where the income comes from
- Program services 72%
- Other 28%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wildlife Habitat Conservancy Inc | Canton | $75k |
| Greenlands Reserve | Frisco | $75k |
| Friends of Madison County Parks and Trails | London | $75k |
| Land Conservation Foundation | Urbana | $75k |