Waters Edge Ministries Inc
Analysis
Waters Edge Ministries Inc is a registered charity in United States, based in Zionsville, IN. It received its IRS tax-exemption ruling in January 2011, 15 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, Waters Edge Ministries Inc reported income of $108k and spending of $101k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $108k (-3.2%), an average of -3.2% a year. Over the whole period it spent 92% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Waters Edge Ministries Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IN. Charities of a similar size with the same main cause include Leadership Connection Inc ($108k), Encountering the Logos Ministry ($108k) and Tabernacle de LA Foi Ministere Haitien Inc ($108k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Leadership Connection Inc | Pepperell | $108k |
| Encountering the Logos Ministry | Winnetka | $108k |
| Tabernacle de LA Foi Ministere Haitien Inc | Ft Lauderdale | $108k |
| Heart of the Shepherd Inc | Claremore | $108k |