Washington, D.C. · Nonprofit
WATER FINANCE EXCHANGE INC
WATER FINANCE EXCHANGE INC (Washington, D.C.) receives grants from 8 organizations whose IRS filings report $1,835,000 to it, the largest being WATER FOUNDATION ($520,000). 4 of them have funded it in more than one year.
- Revenue FY2025
- $2.5M
- Funders on record
- 8
- Grants received
- $1.8M
- Net assets
- $3.7M
What Water Finance Exchange Inc does
Mission
The water finance exchange's (wfx) objective is to significantly increase funding solutions in the u.s. Water, wastewater and stormwater systems, with emphasis on rural and disadvantaged communities.
As stated on its FY2025 Form 990.
Programs
Community support: water technical assistance: water finance exchange provides technical assistance to small, rural, and underserved communities seeking to improve drinking water, wastewater, and stormwater infrastructure. Services include problem identification, governance and compliance assessments, financial and rate analyses, capital improvement planning, project development, funding and financing application support, and sustainability planning. Through this program, communities receive the expertise and capacity needed to identify, prioritize, finance, and advance infrastructure solutions that protect public health, support economic development, and improve environmental outcomes.
$1,358,234 spentof which $14,440 as grants$191,068 earned by the program89% of program spendingCommunity engagement and workshops: water finance exchange convenes workshops, provides training materials, and leads stakeholder engagement activities that connect communities with funding and regulatory agencies, technical assistance providers, and water sector experts. These events provide information on infrastructure funding opportunities, regulatory requirements, best practices, and regional collaboration strategies. The program builds local capacity, promotes knowledge sharing, and helps communities develop sustainable approaches to addressing water and wastewater infrastructure challenges.
$119,462 spentof which $1,203 as grants$50,000 earned by the program8% of program spendingCommunity financial services: water finance exchange provides innovative financial services that help communities overcome barriers to infrastructure investment. Services include pre-development funding, grant assistance, bridge financing, forgivable loans, credit enhancement support, and other financing tools that enable communities to complete planning, engineering, environmental review, and other activities necessary to secure larger sources of project funding. The program expands access to affordable capital and accelerates the implementation of critical water and wastewater infrastructure improvements.
$41,997 spentof which $36,357 as grants3% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,519,693.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.4M to $4.7M (+231%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
86% of WATER FINANCE EXCHANGE INC’s revenue is contributions — about as donation-reliant as the typical peer (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2022 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $130k → $585k.
1 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of WATER FINANCE EXCHANGE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
WATER FINANCE EXCHANGE INC leans on a few funders — its largest provides 28% of grant income and the top three 75%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
32% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WATER FINANCE EXCHANGE INC.
Largest funder’s share by year: 2022 81% · 2023 36% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
WATER FINANCE EXCHANGE INC draws 100% of its grant income from funders outside Washington, D.C., across 5 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $50k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
WATER FINANCE EXCHANGE INC has grown faster than three-quarters of the 1,074 environment nonprofits its size.
this organization peer median middle 50% of peers· 1,074 environment nonprofits $1M–$10M, FY2025
Organizations like WATER FINANCE EXCHANGE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Washington, D.C.
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
51% of spending goes to programs.
Governance
Public support
38%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Earth and Water Strategies LLC · partnership
Screen this organization
A dated, signed PDF of the compliance screen for WATER FINANCE EXCHANGE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds WATER FINANCE EXCHANGE INC?
- WATER FINANCE EXCHANGE INC (Washington, D.C.) receives grants from 8 organizations whose IRS filings report $1,835,000 to it, the largest being WATER FOUNDATION ($520,000). 4 of them have funded it in more than one year.
- How many funders does WATER FINANCE EXCHANGE INC have?
- IRS filings report 8 organizations giving $1,835,000 in grants to WATER FINANCE EXCHANGE INC, 4 of which have funded it in more than one year.
- Who is the largest funder of WATER FINANCE EXCHANGE INC?
- WATER FOUNDATION is the largest funder on record, with $520,000 in grants. The full list of funders is on this page.
- How can an organization like WATER FINANCE EXCHANGE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing