Musconetcong Watershed Association

Analysis

Musconetcong Watershed Association is a registered charity in United States, based in Asbury, NJ. It received its IRS tax-exemption ruling in July 1993, 33 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, Musconetcong Watershed Association reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $856k to $1.7m (+104%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Musconetcong Watershed Association sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Iowa Nutrient Research and Education Council ($1.7m), Sequoia Riverlands Trust ($1.7m) and Sheridan Community Land Trust ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $107k (6.5% of expenses). Other salaries and wages came to $446k. At year end it held assets of $3.9m against liabilities of $473k, net assets of $3.4m. It reported 14 employees.