Cold Water International Inc

Analysis

Cold Water International Inc is a registered charity in United States, based in Grandville, MI. It received its IRS tax-exemption ruling in November 2013, 13 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, Cold Water International Inc reported income of $66k and spending of $68k, spending 103% of its income. Across the 2 years on record, from December 2019 to December 2023, income grew from $4,000 to $66k (+1554%), an average of +1554% a year. The sharpest change came in the year to December 2023, when income rose by 1554%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cold Water International Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within MI. Charities of a similar size with the same main cause include Children of the Village Network Inc ($66k), Dds4vets Inc ($66k) and Missiocare Collective Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.