Big Waters Federation

Analysis

Big Waters Federation is a registered charity in United States, based in Mt Prospect, IL. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Big Waters Federation reported income of $195k and spending of $193k, spending 99% of its income. Across the 3 years on record, from June 2020 to June 2024, income grew from $147k to $195k (+33%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Big Waters Federation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Wonderland Child Care Development Center ($195k), Community Outreach Behavioral Services Inc ($195k) and Woodglen Hall Endowment Trust ($195k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 87% of the total. At year end it held assets of $43k against liabilities of $75, net assets of $43k.