Water Is Life Kenya Inc

Analysis

Water Is Life Kenya Inc is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in February 2009, 17 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Water Is Life Kenya Inc reported income of $599k and spending of $393k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $321k to $599k (+86%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Water Is Life Kenya Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 68th percentile within DE. Charities of a similar size with the same main cause include Salaam Cultural Center ($599k), North Shore Nursery School ($599k) and Kings Daughters Elderly Housing Corporation ($599k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $103k. At year end it held assets of $316k against liabilities of $6,531, net assets of $309k. It reported 2 employees.