Headwaters at the Comal

Analysis

Headwaters at the Comal is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in November 2017, 9 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, Headwaters at the Comal reported income of $2.5m and spending of $1.7m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $603k to $2.5m (+321%), an average of +43% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 65% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Headwaters at the Comal sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Water Professionals International ($2.5m), Evhybridnoire Inc ($2.5m) and Texas Water Trade ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.9% of the total. Other salaries and wages came to $241k. At year end it held assets of $2.6m against liabilities of $179k, net assets of $2.4m.