Spring of Water International Ministries

Analysis

Spring of Water International Ministries is a registered charity in United States, based in Laguna Hills, CA. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Spring of Water International Ministries reported income of $626k and spending of $368k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $354k to $626k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 157%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spring of Water International Ministries sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Amazing Grace Mission-Fair Fellowship-Mail Box Club ($626k), Poiema Foundation ($626k) and Grace International World Outreach ($626k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 2.6% of the total. Other salaries and wages came to $45k. At year end it held assets of $1.3m against liabilities of $8,625, net assets of $1.3m. It reported 1 employees.