Dr Charles Van Der Horst Water Safety Initiative

Analysis

Dr Charles Van Der Horst Water Safety Initiative is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in November 2019, 7 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 June 2024, Dr Charles Van Der Horst Water Safety Initiative reported income of $122k and spending of $104k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $115k to $122k (+6.0%), an average of +6.0% a year. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dr Charles Van Der Horst Water Safety Initiative sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Little League Baseball Inc ($122k), Maryland Youth Lacrosse Association Inc ($122k) and Mohawk Valley Sports Club Inc ($122k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $5,851 (5.6% of expenses). Other salaries and wages came to $47k. At year end it held assets of $186k against liabilities of $658, net assets of $185k. It reported 4 employees.