Living Water Family Services

Analysis

Living Water Family Services is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in June 2004, 22 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 Family Services reported income of $3.5m and spending of $2.3m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.5m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Water Family Services sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within LA. Charities of a similar size with the same main cause include Young Mens Christian Association of ($3.5m), Young Mens Christian Assn ($3.5m) and BRCC Fund ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 84% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $7.3m against liabilities of $11k, net assets of $7.2m. It reported 59 employees.