Water & Rails Inc

Analysis

Water & Rails Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in November 2008, 18 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, Water & Rails Inc reported income of $185k and spending of $218k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $185k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Water & Rails Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within NV. Charities of a similar size with the same main cause include Finding Home Foundation Inc ($185k), KC Financial MGMT Services Inc ($185k) and Happy Helpers for the Homeless Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 138% of the total. At year end it held assets of $9,205 against liabilities of $0, net assets of $9,205.