Thundering Water

Analysis

Thundering Water is a registered charity in United States, based in Roseburg, OR. It received its IRS tax-exemption ruling in June 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thundering Water reported income of $256k and spending of $352k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $256k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Thundering Water sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within OR. Charities of a similar size with the same main cause include Westerville Youth Baseball and Softball League Inc ($256k), San Marino Community Athletics Association ($256k) and Scott Robertson Memorial Junior Golf Academy ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $96k. At year end it held assets of $31k against liabilities of $3,977, net assets of $27k. It reported 2 employees.