Headwaters Basin Project

Analysis

Headwaters Basin Project is a registered charity in United States, based in Nevada City, CA. It received its IRS tax-exemption ruling in May 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, Headwaters Basin Project reported income of $787k and spending of $441k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $787k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 1241%. Over the whole period it spent 50% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Headwaters Basin Project sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include American Shore and Beach Preservation Association ($787k), The Piedmont Foundation ($789k) and NC Foundation for Soil and Water Conservation Inc ($786k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.