Nashua River Watershed Association Inc

Analysis

Nashua River Watershed Association Inc is a registered charity in United States, based in Groton, MA. It received its IRS tax-exemption ruling in February 1970, 56 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 June 2023, Nashua River Watershed Association Inc reported income of $1.3m and spending of $829k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $705k to $1.3m (+84%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 82% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Nashua River Watershed Association Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include California Alliance for Community Composting ($1.3m), Lacawac Sanctuary Foundation Inc ($1.3m) and Alley Pond Environmental Center Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $137k (17% of expenses). Other salaries and wages came to $406k. At year end it held assets of $2.9m against liabilities of $660k, net assets of $2.3m. It reported 14 employees.