Hermits Peak Watershed Alliance

Analysis

Hermits Peak Watershed Alliance is a registered charity in United States, based in Sapello, NM. It received its IRS tax-exemption ruling in November 2009, 17 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, Hermits Peak Watershed Alliance reported income of $1.0m and spending of $662k, leaving 35% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $477k to $1.0m (+114%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hermits Peak Watershed Alliance sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NM. Charities of a similar size with the same main cause include Stream Restoration Incorporated ($1.0m), Green Heart Project Inc ($1.0m) and Center for Civic Innovation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $71k (11% of expenses). Other salaries and wages came to $291k. At year end it held assets of $558k against liabilities of $101k, net assets of $457k. It reported 20 employees.