The Water Hole

Analysis

The Water Hole is a registered charity in United States, based in Utopia, TX. It received its IRS tax-exemption ruling in March 2003, 23 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, The Water Hole reported income of $410k and spending of $180k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $410k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 53% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Water Hole sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include World Missionary Assistance Plan ($410k), Majesty Foundation ($410k) and Jeremiah Castille Foundation ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $47k. At year end it held assets of $1.4m against liabilities of $3,606, net assets of $1.4m. It reported 1 employees.