Water for Life

Analysis

Water for Life is a registered charity in United States, based in Kalona, IA. It received its IRS tax-exemption ruling in December 1983, 43 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 September 2024, Water for Life reported income of $1.8m and spending of $1.6m, spending 89% of its income. Across the 6 years on record, from September 2019 to September 2024, income fell from $1.9m to $1.8m (-7.8%), an average of -1.6% a year. The sharpest change came in the year to September 2021, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Water for Life sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within IA. Charities of a similar size with the same main cause include Populist ($1.8m), Global Partners in Peace and Development ($1.8m) and Advance Community ($1.8m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 65% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $132k (8.4% of expenses). Other salaries and wages came to $332k. At year end it held assets of $4.9m against liabilities of $44k, net assets of $4.9m. It reported 6 employees.