Live Water Co

Analysis

Live Water Co is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Live Water Co reported income of $69k and spending of $66k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $23k to $69k (+200%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 187%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Live Water Co sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include Rochester Swimming Inc ($69k), Royal Fury ($69k) and Lee County Uspta Community Tennis Association Inc ($69k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.