Living Water Benevolence Inc

Analysis

Living Water Benevolence Inc is a registered charity in United States, based in Borger, TX. It received its IRS tax-exemption ruling in May 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 Water Benevolence Inc reported income of $92k and spending of $103k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $92k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. 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, Living Water Benevolence Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Professional Family Child Care Alliance of Georgia Inc ($92k), Building Child and Family Initiatives-A Community Empowerme ($92k) and Operation Homeless Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $52k against liabilities of $610, net assets of $51k.