Watersheds United Vermont Inc

Analysis

Watersheds United Vermont Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in June 2019, 7 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, Watersheds United Vermont Inc reported income of $1.9m and spending of $1.7m, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $466k to $1.9m (+318%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Watersheds United Vermont Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within VT. Charities of a similar size with the same main cause include Astoria Park Conservancy ($1.9m), Garden Club of Virginia Inc ($1.9m) and Honnold Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (4.8% of expenses). Other salaries and wages came to $9,085. At year end it held assets of $503k against liabilities of $143k, net assets of $359k. It reported 2 employees.