Tri-county Water Association is a 501(c)(12) organization based in Taylorsville, Mississippi, registered in 2002, with $782,986 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$783K
▲ 7.0% vs prior year
Unknown median: $232K
Expenses (FY2024)
$732K
Net assets
$858K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Tri-county Water Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tri-county Water Association: 14 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Tri-county Water Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tri-county Water Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $427K (FY2013) to $783K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
6.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$1.0M
Net assets
$858K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $782,986▲7.0% | $732,324▲23.9% | $857,974▲6.3% | $1,888,201▲120% | 990 |
| 2023 | $731,924▲13.1% | $591,115▲5.3% | $807,312▲21.1% | $857,741▲14.2% | 990 |
| 2022 | $646,962▲14.1% | $561,308▲3.8% | $666,503▲14.7% | $751,061▲20.3% | 990 |
| 2021 | $567,055▲12.9% | $540,783▲22.0% | $580,849▲4.7% | $624,318▲8.9% | 990 |
| 2020 | $502,345▲8.8% | $443,236▼3.7% | $554,577▲11.9% | $573,256▲13.0% | 990 |
| 2019 | $461,547▲26.2% | $460,345▲28.1% | $495,468▼15.5% | $507,434▼13.9% | 990 |
| 2018 | $365,751▼14.9% | $359,396▼16.9% | $586,197▼7.3% | $589,056▼8.9% | 990 |
| 2017 | $429,767▲1.1% | $432,334▼0.9% | $632,340▼1.5% | $646,321▼3.2% | 990 |
| 2015 | $425,000▲1.2% | $436,129▲15.2% | $641,770▼1.7% | $667,780▲1.3% | 990 |
| 2014 | $419,850▼1.6% | $378,706▲0.3% | $652,899▲6.7% | $659,036▲3.9% | 990 |
| 2013 | $426,856 | $377,732▼5.3% | $611,755▲8.7% | $634,360▲9.7% | 990 |
| 2012 | — | $398,782▼1.6% | $562,631▲5.4% | $578,133▲0.5% | 990 |
| 2011 | — | $405,404▼5.3% | $533,818▲9.9% | $575,106▼3.1% | 990 |
| 2010 | — | $428,066▲3.0% | $485,944▲4.2% | $593,235▼13.2% | 990 |
| 2009 | — | $415,624 | $466,303 | $683,739 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Tri-county Water Association (EIN 64-0567231) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.