Water for Life Charity

Analysis

Water for Life Charity is a registered charity in United States, based in Midway, UT. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Water for Life Charity reported income of $120k and spending of $94k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $184k to $120k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Water for Life Charity sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within UT. Charities of a similar size with the same main cause include International Allied Missions ($120k), Imagine Acts Ministry ($120k) and Kenya Help ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $5,390, net assets of $50k.