Myers Flat Mutual Water System Inc

Analysis

Myers Flat Mutual Water System Inc is a registered charity in United States, based in Myers Flat, CA. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Myers Flat Mutual Water System Inc reported income of $1.8m and spending of $106k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $1.8m (+794%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 1872%. Over the whole period it spent 29% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Myers Flat Mutual Water System Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Willowsford Conservancy ($1.8m), Cherokee Ranch and Castle Foundation ($1.8m) and Clackamas River Basin Council ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.3% of the total. Other salaries and wages came to $39k. At year end it held assets of $2.6m against liabilities of $101k, net assets of $2.5m. It reported 4 employees.