Alliance for Global Water Adaptation

Analysis

Alliance for Global Water Adaptation is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Alliance for Global Water Adaptation reported income of $1.1m and spending of $925k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $1.1m (+535%), an average of +59% a year. The sharpest change came in the year to December 2020, when income rose by 119%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alliance for Global Water Adaptation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OR. Charities of a similar size with the same main cause include Cedar Rapids Museum of Art ($1.1m), Sun Valley Film Festival Inc ($1.1m) and Texarts Association for Visual & Performing Arts ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $196k (21% of expenses). Other salaries and wages came to $163k. At year end it held assets of $398k against liabilities of $137k, net assets of $261k. It reported 5 employees.