Idaho Rural Water Association

Analysis

Idaho Rural Water Association is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Idaho Rural Water Association reported income of $2.4m and spending of $2.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.4m (+61%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 123%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Idaho Rural Water Association sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within ID. Charities of a similar size with the same main cause include Power 4 STL Inc ($2.4m), Lowndes Advocacy Resource Center Inc ($2.4m) and Rosenberg Richmond Helping Hands Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $96k (4.0% of expenses). Other salaries and wages came to $917k. At year end it held assets of $4.0m against liabilities of $1.2m, net assets of $2.8m. It reported 32 employees.