The Freshwater Trust
Analysis
The Freshwater Trust is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, The Freshwater Trust reported income of $11.6m and spending of $11.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.8m to $11.6m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 94% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, The Freshwater Trust sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Morris Animal Foundation ($11.6m), Frankfurt Zoological Society US Inc ($11.6m) and Sportsmen for Fish & Wildlife Inc ($11.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $433k (3.9% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $7.8m against liabilities of $6.4m, net assets of $1.5m. It reported 61 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 46%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Morris Animal Foundation | Denver | $11.6m |
| Frankfurt Zoological Society US Inc | Washington | $11.6m |
| Sportsmen for Fish & Wildlife Inc | Marriottslaterville | $11.4m |
| Sacramento Society for the Prevention of Cruelty to Animals | Sacramento | $11.7m |