Water Quality Research Foundation

Analysis

Water Quality Research Foundation is a registered charity in United States, based in Lisle, IL. It received its IRS tax-exemption ruling in February 1961, 65 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Quality Research Foundation reported income of $847k and spending of $438k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $847k (+116%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 803%. Over the whole period it spent 52% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Water Quality Research Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Tree Fresno ($847k), Barrington Area Conservation Trust Inc ($847k) and Rock the Ocean Foundation ($846k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $5.5m against liabilities of $79k, net assets of $5.5m.