Water for Ishmael

Analysis

Water for Ishmael is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2024, Water for Ishmael reported income of $863k and spending of $1.0m, spending 119% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $480k to $863k (+80%), an average of +12% a year. The sharpest change came in the year to August 2023, when income rose by 60%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Water for Ishmael sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Womens Refuge of Vero Beach Inc ($863k), Tianliang Alliance Inc ($863k) and Youturn ($863k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $50k (4.8% of expenses). Other salaries and wages came to $739k. At year end it held assets of $1.0m against liabilities of $502k, net assets of $515k. It reported 52 employees.