Gathering Waters Inc

Analysis

Gathering Waters Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in January 1995, 31 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, Gathering Waters Inc reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $813k to $1.2m (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Gathering Waters Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include Delaware Highlands Conservancy ($1.2m), Friends of the Dunes ($1.2m) and Land Trust Accreditation Commission ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $138k (12% of expenses). Other salaries and wages came to $483k. It paid $1,400 in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $260k, net assets of $1.5m. It reported 10 employees.