Lewisburg-Bellevue Water System Inc

Analysis

Lewisburg-Bellevue Water System Inc is a registered charity in United States, based in Opelousas, LA. It received its IRS tax-exemption ruling in March 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lewisburg-Bellevue Water System Inc reported income of $1.7m and spending of $1.3m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.7m (+64%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lewisburg-Bellevue Water System Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within LA. Charities of a similar size with the same main cause include Colorado Cross-Disability Coalition ($1.7m), Elnorah Inc ($1.7m) and Tudor Place Foundation Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $281k. At year end it held assets of $5.6m against liabilities of $1.6m, net assets of $4.1m.