Water Institute of the Gulf

Analysis

Water Institute of the Gulf is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in September 2011, 15 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 Institute of the Gulf reported income of $17.1m and spending of $17.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.3m to $17.1m (+84%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Water Institute of the Gulf 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 LA. Charities of a similar size with the same main cause include Tri-City Economic Development Corporation ($17.1m), Grand Canyon Trust Inc ($17.1m) and Carbon Mapper Inc ($17.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $935k (5.5% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $6.7m against liabilities of $3.9m, net assets of $2.8m. It reported 89 employees.