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Watershed Institute Inc

RegisteredEIN 21-0649717Pennington, NJEnvironment and conservation
Income$3.9m2023-12
Spending$4.8msame year
Spent / received61%5-year average
Size in its cause92nd pctEnvironment and conservation
Exempt since1953Publicly supported organisat
Employees77latest return

Analysis

Watershed Institute Inc is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in May 1953, 73 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 December 2023, Watershed Institute Inc reported income of $3.9m and spending of $4.8m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.9m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2020, when income rose by 353%. Over the whole period it spent 61% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Watershed Institute Inc 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 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Kohler Trust for Preservation ($3.9m), Sycamore Land Trust Incorporated ($3.9m) and Natural Areas Conservancy Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $170k (3.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $33.3m against liabilities of $577k, net assets of $32.8m. It reported 77 employees.

Income and spending

$0$3.3m$6.5m$9.8m$13.1m2019 Income: $2,885,2062019 Spending: $3,279,17720192020 Income: $13,067,7732020 Spending: $2,929,13820202021 Income: $7,070,9962021 Spending: $4,080,01620212022 Income: $5,202,5682022 Spending: $4,586,42420222023 Income: $3,918,4922023 Spending: $4,815,0952023
IncomeSpending

Where the income comes from

  • Contributions & grants 79%
  • Program services 10%
  • Other 11%

Similar-sized charities, same cause

CharityLocationIncome
Kohler Trust for PreservationKohler$3.9m
Sycamore Land Trust IncorporatedBloomington$3.9m
Natural Areas Conservancy IncNew York$3.9m
Martin Luther King Gardens IncBloomfield$3.9m