Headwaters Resource Conservation and Development Area Inc
Analysis
Headwaters Resource Conservation and Development Area Inc is a registered charity in United States, based in Butte, MT. It received its IRS tax-exemption ruling in August 1994, 32 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, Headwaters Resource Conservation and Development Area Inc reported income of $1.1m and spending of $903k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $740k to $1.1m (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 83% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Headwaters Resource Conservation and Development Area Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within MT. Charities of a similar size with the same main cause include Solar Cookers International ($1.1m), Renew Missouri Advocates ($1.1m) and Operator Training Committee of Ohio Inc ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $46k (5.1% of expenses). Other salaries and wages came to $329k. At year end it held assets of $5.5m against liabilities of $2.1m, net assets of $3.4m. It reported 7 employees.
Income and spending
Where the income comes from
- Program services 99%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Solar Cookers International | Sacramento | $1.1m |
| Renew Missouri Advocates | Columbia | $1.1m |
| Operator Training Committee of Ohio Inc | Springfield | $1.1m |
| Alabama Audubon | Birmingham | $1.1m |