Surge for Water Inc

Analysis

Surge for Water Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2014, 12 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 March 2024, Surge for Water Inc reported income of $1.3m and spending of $902k, leaving 29% of income unspent that year. Across the 6 years on record, from December 2019 to March 2024, income grew from $497k to $1.3m (+157%), an average of +21% a year. The sharpest change came in the year to March 2024, when income rose by 2820%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Surge for Water Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Adelante Foundation ($1.3m), Institute for Global Affairs Inc ($1.3m) and Junior Achievement USA ($1.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $84k (9.3% of expenses). At year end it held assets of $714k against liabilities of $16k, net assets of $698k. It reported 1 employees.