Church of Living Waters

Analysis

Church of Living Waters is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in December 1978, 48 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Church of Living Waters reported income of $138k and spending of $146k, spending 105% of what it took in. Across the 4 years on record, from December 2018 to December 2021, income fell from $179k to $138k (-23%), an average of -8.3% a year. The sharpest change came in the year to December 2021, when income dropped by 21%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Church of Living Waters sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Society for Literature and Science Inc ($138k), Little League Baseball Inc ($138k) and Ewam Choden ($138k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 99% of the total. At year end it held assets of $502k against liabilities of $350k, net assets of $152k.