Lifewater Inc

Analysis

Lifewater Inc is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Lifewater Inc reported income of $6.1m and spending of $6.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.7m to $6.1m (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 101% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lifewater Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within AR. Charities of a similar size with the same main cause include Boston Harbor Now Inc ($6.1m), New Jersey Conservation Foundation ($6.1m) and Fire Safe Council of Nevada County Inc a Public Benefit Corporation ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $361k (5.5% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $2.2m against liabilities of $541k, net assets of $1.7m. It reported 31 employees.