North Dakota Rural Water Systems Association Inc

Analysis

North Dakota Rural Water Systems Association Inc is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, North Dakota Rural Water Systems Association Inc reported income of $1.8m and spending of $1.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.8m (+64%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Dakota Rural Water Systems Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within ND. Charities of a similar size with the same main cause include Keep Growing Detroit ($1.8m), Visitors Center Inc ($1.8m) and Wind River Development Fund ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $156k (9.5% of expenses). Other salaries and wages came to $752k. At year end it held assets of $1.6m against liabilities of $451k, net assets of $1.2m. It reported 13 employees.