Waterafrica

Analysis

Waterafrica is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in January 2010, 16 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 September 2023, Waterafrica reported income of $191k and spending of $163k, spending 86% of its income. Across the 3 years on record, from September 2019 to September 2023, income fell from $224k to $191k (-15%), an average of -7.7% a year. The sharpest change came in the year to September 2023, when income dropped by 37%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Waterafrica sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OR. Charities of a similar size with the same main cause include Impact One Initiative Incorporated ($191k), Foundation for International Education in Neurological Surgery ($191k) and Suubi Project ($191k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.