Living Waters Publications

Analysis

Living Waters Publications is a registered charity in United States, based in Bellflower, CA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Living Waters Publications reported income of $6.2m and spending of $6.5m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $6.2m (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Waters Publications sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Troy Brewer Charitable Network ($6.1m), Maranatha Bible and Missionary Conference Inc ($6.2m) and Caring Ministries Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $1.8m (27% of expenses). Other salaries and wages came to $864k. At year end it held assets of $7.8m against liabilities of $363k, net assets of $7.5m. It reported 25 employees.