Living Waters of Hope

Analysis

Living Waters of Hope is a registered charity in United States, based in Wilsonville, OR. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Living Waters of Hope reported income of $99k and spending of $80k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $61k to $99k (+62%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Waters of Hope sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within OR. Charities of a similar size with the same main cause include Islamic Foundation North Endowment Fund ($99k), J-Beatz a NJ Nonprofit Corporation ($99k) and It Is Written Church of Jesus Christ ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 3.2% of the total. At year end it held assets of $57k against liabilities of $1,772, net assets of $55k.