Time on the Water

Analysis

Time on the Water is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 2016, 10 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, Time on the Water reported income of $160k and spending of $141k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $160k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Time on the Water sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include National Association for Welfare Research & Statistics ($160k), South Jefferson Community Action Corporation ($160k) and Love Inc of Siouxland ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $9,260, net assets of $27k.