Watershed Institute Inc
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
Where the income comes from
- Contributions & grants 79%
- Program services 10%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kohler Trust for Preservation | Kohler | $3.9m |
| Sycamore Land Trust Incorporated | Bloomington | $3.9m |
| Natural Areas Conservancy Inc | New York | $3.9m |
| Martin Luther King Gardens Inc | Bloomfield | $3.9m |