Sound Water Stewards of Island County

Analysis

Sound Water Stewards of Island County is a registered charity in United States, based in Freeland, WA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Sound Water Stewards of Island County reported income of $155k and spending of $218k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $201k to $155k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 115% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sound Water Stewards of Island County sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Sauk River Chain of Lakes Corporation ($154k), Florida Coastal Conservancy Inc ($155k) and Lackawanna River Conservation Association Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.