Water Genome

Analysis

Water Genome is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Water Genome reported income of $743k and spending of $1.4m, spending 186% of what it took in. Across the 2 years on record, from December 2020 to December 2021, income fell from $1.4m to $743k (-48%), an average of -48% a year. The sharpest change came in the year to December 2021, when income dropped by 48%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Water Genome sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Colorado Alliance for Environmental Education ($742k), Gardopia Gardens ($743k) and Hubbard Brook Research Foundation Inc ($742k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $105k. At year end it held assets of $338k against liabilities of $31k, net assets of $307k.