Water Collaborative of Greater New Orleans

Analysis

Water Collaborative of Greater New Orleans is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in December 2020, 6 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, Water Collaborative of Greater New Orleans reported income of $1.6m and spending of $1.0m, leaving 35% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $54k to $1.6m (+2791%), an average of +207% a year. The sharpest change came in the year to December 2021, when income rose by 383%. Over the whole period it spent 67% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Water Collaborative of Greater New Orleans sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Southern Waste Information Exchange Inc ($1.6m), Friends of the Los Angeles River ($1.6m) and Crested Butte Land Trust ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $81k (8.0% of expenses). Other salaries and wages came to $364k. At year end it held assets of $838k against liabilities of $1,069, net assets of $837k. It reported 10 employees.