Produced Water Society Inc

Analysis

Produced Water Society Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2001, 25 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, Produced Water Society Inc reported income of $470k and spending of $502k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $392k to $470k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 209%. Over the whole period it spent 106% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Produced Water Society Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Crossroads at Big Creek Inc ($470k), Faith Organizing Alliance ($470k) and Monterey County Land Watch ($469k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. At year end it held assets of $57k against liabilities of $113k, net assets of -$56k.