H2o for Life

Analysis

H2o for Life is a registered charity in United States, based in White Bear Lake, MN. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2024, H2o for Life reported income of $696k and spending of $865k, spending 124% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $917k to $696k (-24%), an average of -6.7% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 115% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, H2o for Life sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Friendship Ministries ($696k), Funders Concerned About AIDS Inc ($697k) and Corporate Accountability Lab ($696k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $102k (12% of expenses). Other salaries and wages came to $215k. At year end it held assets of $104k against liabilities of $57k, net assets of $46k. It reported 7 employees.