Wetlands Institute

Analysis

Wetlands Institute is a registered charity in United States, based in Stone Harbor, NJ. It received its IRS tax-exemption ruling in December 1969, 57 years ago. 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, Wetlands Institute reported income of $2.3m and spending of $2.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $2.3m (-20%), an average of -5.6% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wetlands Institute sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Panhandle Area Sheltered Workshop ($2.3m), International Union of Operating Engineers Local 30 Apprentice Tra ($2.3m) and North Carolina Coalition Against Sexual Assault Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $188k (8.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $6.9m against liabilities of $1.0m, net assets of $5.9m. It reported 62 employees.