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 November 1995, 31 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 $53k and spending of $55k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $53k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 106% 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 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include The Arc of Norfolk ($53k), Little League Inc Woodstown ($53k) and Virginia Congress of Parents and Teachers ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 90% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.