Global Water Center

Analysis

Global Water Center is a registered charity in United States, based in North Charleston, SC. It received its IRS tax-exemption ruling in September 2020, 6 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 September 2023, Global Water Center reported income of $533k and spending of $2.8m, spending 517% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $993k to $533k (-46%), an average of -19% a year. The sharpest change came in the year to September 2021, when income rose by 858%. Over the whole period it spent 73% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Water Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include Children International Communityorganization ($532k), Cycle Connect Inc ($533k) and Coi Inc ($531k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 561% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $201k (7.3% of expenses). Other salaries and wages came to $746k. It paid $68k in professional fundraising fees. At year end it held assets of $4.3m against liabilities of $179k, net assets of $4.1m.