Moving Waters

Analysis

Moving Waters is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in September 2019, 7 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 August 2023, Moving Waters reported income of $270k and spending of $209k, leaving 23% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $251k to $270k (+7.7%), an average of +7.7% a year. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Moving Waters sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Traverse Life Center ($270k), Christnet ($270k) and Gracewater ($270k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $42k (20% of expenses). Other salaries and wages came to $29k. At year end it held assets of $251k against liabilities of $0, net assets of $251k. It reported 2 employees.