Sanctuary of Living Waters Inc

Analysis

Sanctuary of Living Waters Inc is a registered charity in United States, based in Lauderdale Lakes, FL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sanctuary of Living Waters Inc reported income of $202k and spending of $198k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $202k (+91%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sanctuary of Living Waters Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Ohev Shalom Community Center Inc ($202k), Harvest Connection Ltd ($202k) and Arkansas Family Alliance ($202k).

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 $43k (22% of expenses). At year end it held assets of $28k against liabilities of $496, net assets of $28k. It reported 5 employees.