Ripple Effect Water Literacy Project

Analysis

Ripple Effect Water Literacy Project is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ripple Effect Water Literacy Project reported income of $350k and spending of $343k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $107k to $350k (+226%), an average of +81% a year. The sharpest change came in the year to December 2022, when income rose by 126%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ripple Effect Water Literacy Project sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within LA. Charities of a similar size with the same main cause include Lead California ($350k), San Diego Theatrical Training Corporation ($350k) and Kennedy King Memorial College Scholarship Fund ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $80k (23% of expenses). Other salaries and wages came to $64k. At year end it held assets of $171k against liabilities of $4,582, net assets of $166k. It reported 2 employees.