Agua Es Vida

Analysis

Agua Es Vida is a registered charity in United States, based in Elgin, SC. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Agua Es Vida reported income of $74k and spending of $74k, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $117k to $74k (-37%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agua Es Vida sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 35th percentile within SC. Charities of a similar size with the same main cause include Krewe of Hernando ($74k), Palestine Community Food Pantry ($74k) and Foster Village Waco ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $18k (24% of expenses). At year end it held assets of $1,812 against liabilities of $0, net assets of $1,812.