Millennium Water Alliance

Analysis

Millennium Water Alliance is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Millennium Water Alliance reported income of $3.9m and spending of $3.7m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $6.2m to $3.9m (-37%), an average of -11% a year. The sharpest change came in the year to September 2023, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Millennium Water Alliance sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 77th percentile within DC. Charities of a similar size with the same main cause include Society for Neuro-Oncology ($3.9m), Tulsa Childrens Museum ($3.9m) and Deeply Rooted Productions Inc ($3.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $260k (7.0% of expenses). Other salaries and wages came to $474k. At year end it held assets of $4.0m against liabilities of $3.8m, net assets of $202k. It reported 4 employees.