Mystic River Watershed Association Inc

Analysis

Mystic River Watershed Association Inc is a registered charity in United States, based in Arlington, MA. It received its IRS tax-exemption ruling in March 1976, 50 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, Mystic River Watershed Association Inc reported income of $8.2m and spending of $3.8m, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $8.2m (+440%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 58% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Mystic River Watershed Association Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Organic Materials Review Institute ($8.2m), Biodiversity ($8.2m) and The Connecticut Audubon Society Incorporated ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $313k (8.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $10.1m against liabilities of $702k, net assets of $9.4m. It reported 26 employees.