Living Waterworks Inc

Analysis

Living Waterworks Inc is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in November 1979, 47 years ago. 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, Living Waterworks Inc reported income of $279k and spending of $201k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $157k to $279k (+78%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living Waterworks Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Reading Room Association of Gouverneur Ny ($279k), Capland Center for Communication Disorders Inc ($279k) and Bethlehem TWP Athletic Assn of Bethlehem Township Pennsylvania ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. Other salaries and wages came to $133k. At year end it held assets of $864k against liabilities of $5,882, net assets of $859k. It reported 4 employees.