Water 4 Inc

Analysis

Water 4 Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 2009, 17 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, Water 4 Inc reported income of $9.4m and spending of $9.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $9.4m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Water 4 Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OK. Charities of a similar size with the same main cause include St Croix Valley Foodbank Inc ($9.4m), Senior Solutions ($9.4m) and Presbyterian Senior Services ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $566k (6.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $12.6m against liabilities of $1.9m, net assets of $10.8m. It reported 31 employees.