Hydropower Foundation Inc

Analysis

Hydropower Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1996, 30 years ago. 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, Hydropower Foundation Inc reported income of $365k and spending of $310k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $365k (+183%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hydropower Foundation 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 65th percentile, and in the 38th percentile within DC. Charities of a similar size with the same main cause include Alabama Junior Miss Scholarship Foundation Inc ($365k), National Council for Geographic Education ($365k) and FW Paec Qalicb ($365k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $76k (25% of expenses). At year end it held assets of $190k against liabilities of $21k, net assets of $169k.