Healing Waters International Inc

Analysis

Healing Waters International Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 2002, 24 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 June 2024, Healing Waters International Inc reported income of $2.6m and spending of $3.0m, spending 119% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $2.6m (+135%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 81%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Healing Waters International Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Observer Research Foundation America ($2.6m), Alianza Americas ($2.6m) and Emerging Public Leaders ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $110k (3.6% of expenses). Other salaries and wages came to $935k. At year end it held assets of $1.1m against liabilities of $373k, net assets of $748k. It reported 11 employees.