A Walk on Water Inc

Analysis

A Walk on Water Inc is a registered charity in United States, based in Malibu, CA. It received its IRS tax-exemption ruling in June 2014, 12 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 (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, A Walk on Water Inc reported income of $481k and spending of $441k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $775k to $481k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, A Walk on Water Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Hinsdale Red Dogs Inc ($481k), Pga Reach Philadelphia ($481k) and Camp Sylvester ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $89k. At year end it held assets of $1.1m against liabilities of $10k, net assets of $1.0m.