River Raisin Watershed Council
Analysis
River Raisin Watershed Council is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, River Raisin Watershed Council reported income of $460k and spending of $490k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $358k to $460k (+29%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 102% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, River Raisin Watershed Council sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Steamer Virginia V Foundation Inc ($460k), Early Ford V-8 Foundation Inc ($460k) and Spirit of Flight Foundation ($460k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.6% of the total. Other salaries and wages came to $153k. At year end it held assets of $102k against liabilities of $69k, net assets of $33k.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 5.6%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Steamer Virginia V Foundation Inc | Seattle | $460k |
| Early Ford V-8 Foundation Inc | Auburn | $460k |
| Spirit of Flight Foundation | Nampa | $460k |
| Arts for Kids Inc | West Orange | $460k |