Headwaters Relief Organization Incorporated

Analysis

Headwaters Relief Organization Incorporated is a registered charity in United States, based in Golden Valley, MN. It received its IRS tax-exemption ruling in November 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 December 2023, Headwaters Relief Organization Incorporated reported income of $103k and spending of $118k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $274k to $103k (-62%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Headwaters Relief Organization Incorporated sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Live Like London Foundation ($103k), Friends of the Eastham Council on Aging Inc the ($103k) and Twinstate Makerspaces Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $77k against liabilities of $33k, net assets of $44k.