Living Waters Charismatic Outreach Inc

Analysis

Living Waters Charismatic Outreach Inc is a registered charity in United States, based in Azusa, CA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Living Waters Charismatic Outreach Inc reported income of $144k and spending of $176k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $198k to $144k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living Waters Charismatic Outreach Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Society of the Sons of the Revolution in the State of Virgini ($144k), Road Runners Club of America ($144k) and Northeastern Wisconsin Dance Organization Inc ($144k).

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 $81k against liabilities of $0, net assets of $81k.