Wood-Pawcatuck Watershed Assoc

Analysis

Wood-Pawcatuck Watershed Assoc is a registered charity in United States, based in Hope Valley, RI. It received its IRS tax-exemption ruling in May 1984, 42 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, Wood-Pawcatuck Watershed Assoc reported income of $356k and spending of $400k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $356k (+72%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 101% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Wood-Pawcatuck Watershed Assoc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within RI. Charities of a similar size with the same main cause include Florence Downtown Development Corporation Inc ($356k), Legacy Inc ($356k) and Southeast Alaska Regiona Fisheries Association ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $75k (19% of expenses). Other salaries and wages came to $16k. At year end it held assets of $1.3m against liabilities of $32k, net assets of $1.2m. It reported 3 employees.