Water Foundation

Analysis

Water Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 2016, 10 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 Foundation reported income of $19.5m and spending of $21.9m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.4m to $19.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 81% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Water Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Mississippi River TR ($19.4m), United States Endowment Forforestry and Communities Inc ($19.5m) and Coastal Maine Botanical Gardens Inc ($19.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $641k (2.9% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $31.7m against liabilities of $4.6m, net assets of $27.1m. It reported 22 employees.