Safe Water Network

Analysis

Safe Water Network is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2006, 20 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, Safe Water Network reported income of $5.2m and spending of $5.9m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.9m to $5.2m (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Safe Water Network sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Botanica Inc ($5.2m), Acres Inc ($5.3m) and Climate Leadership Council Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $269k (4.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $12.4m against liabilities of $1.2m, net assets of $11.2m. It reported 7 employees.