New Hampshire Water Works Association Inc

Analysis

New Hampshire Water Works Association Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in August 1986, 40 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, New Hampshire Water Works Association Inc reported income of $265k and spending of $262k, spending 99% of its income. Across the 5 years on record, from October 2020 to December 2023, income grew from $145k to $265k (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 520%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hampshire Water Works Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within NH. Charities of a similar size with the same main cause include Trust B Under the Will of H C Watson Deceased ($265k), Chatsworth Junior Baseball League Association Inc ($265k) and South Carolina First Steps to School Readiness Board of Trustees ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $121k (46% of expenses). At year end it held assets of $79k against liabilities of $3,689, net assets of $75k. It reported 2 employees.