Haw River Assembly Inc

Analysis

Haw River Assembly Inc is a registered charity in United States, based in Bynum, NC. It received its IRS tax-exemption ruling in May 1983, 43 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, Haw River Assembly Inc reported income of $1.5m and spending of $428k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $1.5m (+542%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 375%. Over the whole period it spent 45% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Haw River Assembly Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include American Orchid Society Inc Botanical Museum of Harvard Univ ($1.5m), Metafoundation ($1.5m) and Great Barrier Reef Foundation USA Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $62k (15% of expenses). Other salaries and wages came to $191k. At year end it held assets of $2.1m against liabilities of $38k, net assets of $2.0m. It reported 7 employees.