American Ground Water Trust

Analysis

American Ground Water Trust is a registered charity in United States, based in Hooksett, NH. It received its IRS tax-exemption ruling in January 1974, 52 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Ground Water Trust reported income of $326k and spending of $361k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $442k to $326k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 102% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, American Ground Water Trust sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within NH. Charities of a similar size with the same main cause include Hudsonia Limited ($326k), Fossil Free California ($327k) and Delmarva Rc&d Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $57k (16% of expenses). Other salaries and wages came to $135k. At year end it held assets of $53k against liabilities of $79k, net assets of -$27k. It reported 3 employees.

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.