Springs of Living Water

Analysis

Springs of Living Water is a registered charity in United States, based in Waipahu, HI. It received its IRS tax-exemption ruling in June 2000, 26 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, Springs of Living Water reported income of $433k and spending of $396k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $252k to $433k (+72%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Springs of Living Water sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within HI. Charities of a similar size with the same main cause include Foster Grandparent Program Inc ($433k), Vicksburg Family Development Service ($433k) and Mennowood Foundation ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $125k. At year end it held assets of $218k against liabilities of $76k, net assets of $142k.