Wabash River Enhancement Corp

Analysis

Wabash River Enhancement Corp is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in January 2005, 21 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, Wabash River Enhancement Corp reported income of $3.6m and spending of $1.5m, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $3.6m (+260%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 326%. Over the whole period it spent 68% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Wabash River Enhancement Corp sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Pee Dee Land Trust ($3.6m), Clean Energy Works ($3.6m) and Center for the Inland Bays Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 1.3% of the total. Other salaries and wages came to $193k. At year end it held assets of $10.3m against liabilities of $173k, net assets of $10.1m. It reported 6 employees.