North Carolina Waterworks Operators Association

Analysis

North Carolina Waterworks Operators Association is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in September 2001, 25 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 June 2024, North Carolina Waterworks Operators Association reported income of $675k and spending of $350k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $240k to $675k (+182%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 124%. Over the whole period it spent 70% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, North Carolina Waterworks Operators Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Wyeast Resource Conservation and Development Area Council Inc ($674k), Stewardship Partners ($675k) and Norwalk River Watershed Association Inc ($672k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 43% of the total. At year end it held assets of $1.2m against liabilities of $13k, net assets of $1.2m.