Water Wells for Africa

Analysis

Water Wells for Africa is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in October 2008, 18 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, Water Wells for Africa reported income of $408k and spending of $657k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $447k to $408k (-8.7%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Water Wells for Africa sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Cadanino Inc ($408k), Council for a Secure America Inc ($408k) and Acts One Eight Missions ($408k).

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 $5,500 (0.8% of expenses). At year end it held assets of $99k against liabilities of $32k, net assets of $67k.