Water Solutions Group Inc

Analysis

Water Solutions Group Inc is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in May 2009, 17 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, Water Solutions Group Inc reported income of $184k and spending of $195k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $156k to $184k (+18%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Water Solutions Group Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Aquatic Ecosystem Restoration Foundation ($184k), Friends of Kishwauketoe Ltd ($184k) and Organizacion Pro Ambiente Sustentable Inc ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.