Hidden Water Inc

Analysis

Hidden Water Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2015, 11 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, Hidden Water Inc reported income of $379k and spending of $355k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $379k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hidden Water Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Disabilitysa ($379k), 2 1 International Inc ($379k) and Northrop Loving Care Inc ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $147k (41% of expenses). Other salaries and wages came to $60k. At year end it held assets of $277k against liabilities of $8,152, net assets of $268k. It reported 4 employees.