Soque River Watershed Association Inc

Analysis

Soque River Watershed Association Inc is a registered charity in United States, based in Clarkesville, GA. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Soque River Watershed Association Inc reported income of $83k and spending of $54k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $233k to $83k (-64%), an average of -23% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Soque River Watershed Association Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within GA. Charities of a similar size with the same main cause include Lorraine Murphy Housing Foundation ($83k), Good Sheperd Village Housing Corporation ($83k) and Bowen Residential Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 25% of the total. Other salaries and wages came to $29k. At year end it held assets of $147k against liabilities of $0, net assets of $147k. It reported 2 employees.