Water Environment Association of Texas

Analysis

Water Environment Association of Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 1979, 47 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, Water Environment Association of Texas reported income of $1.2m and spending of $1.0m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $840k to $1.2m (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Water Environment Association of Texas sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Cape Elizabeth Land Trust Inc ($1.2m), Reflection Riding Arboretum and Nature Center ($1.2m) and Community Greening Corp ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $175k (17% of expenses). Other salaries and wages came to $172k. At year end it held assets of $1.6m against liabilities of $173k, net assets of $1.5m. It reported 6 employees.