Whitewater Life Center

Analysis

Whitewater Life Center is a registered charity in United States, based in Cleves, OH. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, Whitewater Life Center reported income of $288k and spending of $266k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $288k (+304%), an average of +304% a year. The sharpest change came in the year to December 2023, when income rose by 304%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Whitewater Life Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Boys & Girls Club of Standing Rock ($288k), Trumbauersville Fire Company No 1 ($288k) and Iowa Technology and Education Connection ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $75k (28% of expenses). Other salaries and wages came to $60k. At year end it held assets of $307k against liabilities of $0, net assets of $307k.