Water From Wine

Analysis

Water From Wine is a registered charity in United States, based in Paterson, WA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Water From Wine reported income of $358k and spending of $291k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $333k to $358k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Water From Wine sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include Burlington Community Fund Ltd ($358k), Two Angels Foundation Inc ($358k) and Gift of Parenthood Inc ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $49k. At year end it held assets of $352k against liabilities of $0, net assets of $352k. It reported 14 employees.