Coupland Water Supply Corporation

Analysis

Coupland Water Supply Corporation is a registered charity in United States, based in Coupland, TX. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Coupland Water Supply Corporation reported income of $155k and spending of $78k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $55k to $155k (+179%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Coupland Water Supply Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Build Springs Inc ($155k), New Partners Community Solar Corp ($155k) and Warsaw Community Development Corporation ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $662k against liabilities of $0, net assets of $662k.