Waterboyz for Jesus Inc

Analysis

Waterboyz for Jesus Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in February 2006, 20 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 October 2023, Waterboyz for Jesus Inc reported income of $206k and spending of $226k, spending 110% of what it took in. Across the 3 years on record, from October 2021 to October 2023, income fell from $242k to $206k (-15%), an average of -7.7% a year. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Waterboyz for Jesus Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MD. Charities of a similar size with the same main cause include Feed My Sheep Ministry Inc ($206k), Larry Hutton Ministries Inc ($206k) and Intercessor Ministries Inc ($206k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (27% of expenses). At year end it held assets of $38k against liabilities of $3,599, net assets of $35k.