Tule Basin Water Foundation

Analysis

Tule Basin Water Foundation is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in June 2022, 4 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 June 2024, Tule Basin Water Foundation reported income of $473k and spending of $463k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $411k to $473k (+15%), an average of +15% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tule Basin Water Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Meridian Area Senior Citizens Association ($472k), Hope Diamond Services Inc ($473k) and Downtown Napa Farmers Market Corporation ($472k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $65k, net assets of -$28k.