Impact Water Inc

Analysis

Impact Water Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Impact Water Inc reported income of $619k and spending of $574k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $619k (+76%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Impact Water Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Christian Friends of New Americans ($619k), Christian Employers Alliance ($619k) and Proclaiming the Gospel ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $53k (9.3% of expenses). Other salaries and wages came to $4,800. It paid $18k in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $29k, net assets of $1.3m.