Thirst Project

Analysis

Thirst Project is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 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 December 2023, Thirst Project reported income of $711k and spending of $915k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $711k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Thirst Project sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Destino Dell Reino Inc ($711k), Kontum Missionary and Friendship ($711k) and Casa de LA Esperanza Foundation ($710k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $576k against liabilities of $6,000, net assets of $570k.