Living Waters Counseling Inc

Analysis

Living Waters Counseling Inc is a registered charity in United States, based in Headland, AL. It received its IRS tax-exemption ruling in July 2003, 23 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, Living Waters Counseling Inc reported income of $346k and spending of $870k, spending 251% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $644k to $346k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Waters Counseling Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within AL. Charities of a similar size with the same main cause include Bethlehem House Inc ($346k), A Touch From Above LSM Inc ($346k) and Solea Water ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $10k. At year end it held assets of $618k against liabilities of $69, net assets of $617k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.