The Wetlands Initiative

Analysis

The Wetlands Initiative is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1999, 27 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, The Wetlands Initiative reported income of $2.0m and spending of $2.8m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $2.0m (-2.4%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, The Wetlands Initiative sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Climate and Wildfire Institute Inc ($2.0m), Partnership for the Umpqua Rivers ($2.0m) and Friends of the Water Conservationgarden ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $145k (5.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $12.0m against liabilities of $630k, net assets of $11.4m. It reported 25 employees.