The Watershed Project

Analysis

The Watershed Project is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in May 1997, 29 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 June 2023, The Watershed Project reported income of $970k and spending of $872k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $648k to $970k (+50%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 103% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, The Watershed Project sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include National Grazing Lands Coalition ($970k), Solar Electric Light Fund ($971k) and Center for Progressive Reform Inc ($970k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Other salaries and wages came to $560k. At year end it held assets of $1.2m against liabilities of $753k, net assets of $417k. It reported 25 employees.