Headwaters Science Institute

Analysis

Headwaters Science Institute is a registered charity in United States, based in Soda Springs, CA. It received its IRS tax-exemption ruling in February 2015, 11 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 (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, Headwaters Science Institute reported income of $772k and spending of $616k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $249k to $772k (+209%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Headwaters Science Institute sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Northwest Indiana Symphony Society Inc ($771k), Iranian American Jewish Cultural Organization ($772k) and American Association for Aerosol Research Inc ($771k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $420k (68% of expenses). It paid $5,770 in professional fundraising fees. At year end it held assets of $482k against liabilities of $0, net assets of $482k. It reported 39 employees.