Princeton-Tulip Water Assoc

Analysis

Princeton-Tulip Water Assoc is a registered charity in United States, based in Carthage, AR. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Princeton-Tulip Water Assoc reported income of $442k and spending of $320k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $442k (+94%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Princeton-Tulip Water Assoc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AR. Charities of a similar size with the same main cause include Opportunity Transformation Investments Inc ($442k), West Virginia Land Stewardship Corporation ($442k) and Jazjordan Inc ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. At year end it held assets of $1.9m against liabilities of $980k, net assets of $881k.