Water.org
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Water.org meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to bring safe water and sanitation to the world through access to small, affordable loans."
Year, State Incorporated:
1993, NC
Water.org states that it works along with its partners to help people get access to water and sanitation through affordable financing, such as small loans or microfinance. The organization provides technical assistance to design and develop the loan program to meet the needs of local communities. In 2022, Water.org states that it worked with 155 partners to complete water projects in eleven countries, providing 8.7 million individuals with access to water through the provision of 1.9 million water and sanitation loans.
For the year ended September 30, 2022, Water.org's program expenses were:
Outreach: $2,281,872
Water programs: $17,782,542
Total Program Expenses: $20,064,414
Chief Executive
Gary White, Co-Founder and Chief Executive Officer
Compensation*
$443,160
Chair of the Board
Terry Trayvick
Chair's Profession / Business Affiliation
Founder and Chief Executive Officer, Level Five, LLC.
Board Size
17
Paid Staff Size
167
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Print advertisements, Corporate solicitation
Fundraising costs were 8% of related contributions. (Related contributions, which totaled $38,819,267, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Water.org's audited financial statements for the year ended September 30, 2022.
Source of Funds
| Contributions and grants - foundations, corporations, and other organizations | $27,899,266 |
| Investment income | $254,643 |
| Forgiveness of Paycheck Protection Program | $1,425,377 |
| Individual contributions | $9,494,624 |
| Total Income | $39,073,910 |
Programs: 70% Fundraising: 11% Administrative: 19%
| Total Income | $39,073,910 |
| Total expenses: | $28,843,163 |
| Program expenses | $20,064,414 |
| Fundraising expenses | $3,227,276 |
| Administrative expenses | $5,551,473 |
| Other expenses | $0 |
| Income in Excess of Expenses | $10,230,747 |
| Beginning Net Assets | $27,880,972 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $38,111,719 |
| Total Liabilities | $8,088,930 |
| Total Assets | $46,200,649 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance