Headwaters Christian Resources

Analysis

Headwaters Christian Resources is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Headwaters Christian Resources reported income of $61k and spending of $73k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $61k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Headwaters Christian Resources sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include The Dream Catcher Foundation Inc ($61k), Greene County Christmas Stocking Inc ($61k) and Healing Hearts Vietnam Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 16% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.