Freshwater Project International Inc

Analysis

Freshwater Project International Inc is a registered charity in United States, based in Whitefish, MT. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Freshwater Project International Inc reported income of $443k and spending of $382k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $289k to $443k (+53%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freshwater Project International Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MT. Charities of a similar size with the same main cause include St Johns Food Share ($443k), Food Dignity Project Inc ($443k) and St Suzanne Cody Rouge Community Resource Center ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $13k (3.3% of expenses). At year end it held assets of $105k against liabilities of $0, net assets of $105k.