everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Water Well Trust Incorporated

Davidson, NC / EIN 27-1659354 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201255,56083,321−27,7616.8
2013113,51643,28170,23532.6
2014114,04394,52519,51817.4
2015272,204190,54281,66213.81%
2016487,551286,629200,92217.95%
2017443,698294,165149,53323.510%
2018712,921486,337226,58419.87%
2019631,768519,059112,70921.213%
2020442,762404,45438,30828.525%
20211,730,2801,092,007638,27317.613%
20223,284,7912,200,1601,084,63114.610%
20233,594,9482,219,5821,375,36621.913%

In its most recent public year (2023), this organization brought in $1,375,366 more than it spent. Its reserves stood at about 21.9 months of spending, up from 6.8 in 2012. Staff pay was 13% of spending. $27,698 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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