Living Water Ministry Network
Analysis
Living Water Ministry Network is a registered charity in United States, based in Kentwood, MI. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Water Ministry Network reported income of $98k and spending of $145k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $129k to $98k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income rose by 129%. Over the whole period it spent 80% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Living Water Ministry Network sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Capturing Poland for Christ ($98k), World Outreach Inc ($98k) and Mid-Atlantic Lutherans in Mission Inc ($98k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 35% of the total. Other salaries and wages came to $29k. At year end it held assets of $545k against liabilities of $16k, net assets of $529k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 61%
- Program services 35%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Capturing Poland for Christ | Spring | $98k |
| World Outreach Inc | Greer | $98k |
| Mid-Atlantic Lutherans in Mission Inc | Richmond | $98k |
| Zbinden Ministries Inc | W Frankfort | $98k |