Texas Water Utilities Association

Analysis

Texas Water Utilities Association is a registered charity in United States, based in Hutto, TX. It received its IRS tax-exemption ruling in March 1991, 35 years ago. 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, Texas Water Utilities Association reported income of $2.9m and spending of $3.2m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.9m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Water Utilities Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Academy at Ocean Reef Inc ($2.9m), Childrens Community School Inc ($2.9m) and Academy Inc Flint River ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $190k (6.0% of expenses). Other salaries and wages came to $778k. At year end it held assets of $1.5m against liabilities of $1.4m, net assets of $145k. It reported 14 employees.