Water Research Foundation

Analysis

Water Research Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 1967, 59 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, Water Research Foundation reported income of $23.4m and spending of $19.1m, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $30.5m to $23.4m (-23%), an average of -5.2% a year. The sharpest change came in the year to December 2019, when income dropped by 20%. Over the whole period it spent 78% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Water Research Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Minnesota Landscape Arboretum Foundation ($23.2m), Highlander Research & Education Center Inc ($23.7m) and Grid Alternatives ($23.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $1.4m (7.6% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $53.2m against liabilities of $9.3m, net assets of $43.9m. It reported 58 employees.