Love-Water Inc

Analysis

Love-Water Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in August 2012, 14 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 December 2023, Love-Water Inc reported income of $92k and spending of $101k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $141k to $92k (-35%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 114% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Love-Water Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include SL Human Development Fund Corp ($92k), Rising Sun Education & Welfare Society USA Chapter ($92k) and Nigerian Women Association of ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $129k against liabilities of $1,222, net assets of $128k.