Nevada Water Resources Association
Analysis
Nevada Water Resources Association is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Nevada Water Resources Association reported income of $359k and spending of $373k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $359k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Nevada Water Resources Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within NV. Charities of a similar size with the same main cause include Baldwin County Education Coalition Inc ($359k), The George Washington Institute for Religious Freedom ($359k) and Old Tappan Parent Teacher Organization ($359k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $20k. At year end it held assets of $267k against liabilities of $154k, net assets of $113k. It reported 1 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 85%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Baldwin County Education Coalition Inc | Summerdale | $359k |
| The George Washington Institute for Religious Freedom | Purchase | $359k |
| Old Tappan Parent Teacher Organization | Old Tappan | $359k |
| Friends of L a C E S | Los Angeles | $359k |