Water Serve Inc

Analysis

Water Serve Inc is a registered charity in United States, based in Bethany, OK. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Water Serve Inc reported income of $87k and spending of $102k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $87k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Water Serve Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within OK. Charities of a similar size with the same main cause include Energy Services Coalition ($87k), East Grand Water Quality Board ($87k) and Culebra Range Community Coalition Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $2,921, net assets of $23k.