Life Waters
Analysis
Life Waters is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Life Waters reported income of $324k and spending of $209k, leaving 36% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $97k to $324k (+233%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 219%. Over the whole period it spent 68% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Waters sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Center for New American Media Inc ($324k), Northeast Emergency Medical Services Inc ($324k) and Mesa Historical Society Inc ($324k).
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 $458k against liabilities of $118k, net assets of $340k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Center for New American Media Inc | Brooklyn | $324k |
| Northeast Emergency Medical Services Inc | Amesbury | $324k |
| Mesa Historical Society Inc | Mesa | $324k |
| Manitowoc Symphony Orchestra Association Inc | Manitowoc | $324k |