One with the Water

Analysis

One with the Water is a registered charity in United States, based in Rogers, AR. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, One with the Water reported income of $85k and spending of $193k, spending 228% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $304k to $85k (-72%), an average of -27% a year. The sharpest change came in the year to December 2021, when income rose by 154%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, One with the Water sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within AR. Charities of a similar size with the same main cause include One Love Global Wellness Foundation ($85k), Linglestown Baseball Association Inc ($85k) and Flemington Raritan Youth Basketball Organization ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 208% of the total. Compensation of current officers, directors and key employees was $21k (11% of expenses). At year end it held assets of $39k against liabilities of $1,166, net assets of $37k.