Springs of Living Water

Analysis

Springs of Living Water is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Springs of Living Water reported income of $264k and spending of $167k, leaving 37% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $197k to $264k (+34%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Springs of Living Water 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 59th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include The Wesley Inc ($264k), Roots 2empower ($264k) and Bulverde Thrift Store ($264k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $56k (33% of expenses). At year end it held assets of $218k against liabilities of $0, net assets of $218k. It reported 1 employees.