Farmington River Watershed Association Inc

Analysis

Farmington River Watershed Association Inc is a registered charity in United States, based in Simsbury, CT. It received its IRS tax-exemption ruling in March 1958, 68 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, Farmington River Watershed Association Inc reported income of $611k and spending of $539k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $579k to $611k (+5.5%), an average of +1.4% a year. The sharpest change came in the year to June 2022, when income rose by 54%. 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, Farmington River Watershed Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CT. Charities of a similar size with the same main cause include Connecticut Resource Conservation and Development Area Inc ($611k), Future Neenah Inc ($611k) and Together Bay Area ($610k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $72k (13% of expenses). Other salaries and wages came to $172k. At year end it held assets of $2.6m against liabilities of $197k, net assets of $2.4m. It reported 8 employees.