Water Engineers for the Americas

Analysis

Water Engineers for the Americas is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Water Engineers for the Americas reported income of $820k and spending of $582k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $820k (+158%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Water Engineers for the Americas 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 77th percentile, and in the 76th percentile within NM. Charities of a similar size with the same main cause include Friends of the British Council USA ($820k), American Turkish Society Inc ($821k) and Children of Grace ($820k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $88k (15% of expenses). Other salaries and wages came to $108k. At year end it held assets of $819k against liabilities of $14k, net assets of $804k. It reported 5 employees.