Water Resources Association of the Delaware River Basin

Analysis

Water Resources Association of the Delaware River Basin is a registered charity in United States, based in Devon, PA. It received its IRS tax-exemption ruling in July 1960, 66 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, Water Resources Association of the Delaware River Basin reported income of $112k and spending of $130k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $112k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Water Resources Association of the Delaware River Basin sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Madonna House of Northern Ky Inc ($112k), Nemeth Art Center Inc ($112k) and The State of Alabama Engineering Hall of Fame ($112k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $87k (67% of expenses). At year end it held assets of $72k against liabilities of $0, net assets of $72k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.