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Top Rated

charity: water

CharityWatch report issued
October 2018

Top-Rated Charity
A
CharityWatch Grade
Our independent grade based
on a number of factors.
 
80%
Program Percentage
Amount spent on programs
relative to overhead.
 
$10
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

charity: water
40 Worth St.
Suite 330
New York, NY 10013

Other Names

Charity Global

Tax Status

501(c)3

Stated Mission

Bringing clean and safe drinking water to people in developing nations.

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Data based on Fiscal Year Ended 12/31/2017

Program Percentage: 80%

The percentage of charity: water's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$47,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $10

How many dollars charity: water spends on fundraising to raise each $100 of contributions.

$49,000,000

Calculated Total Contributions

(rounded)

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
Charity Global dba charity: water IRS Form 990 22-3936753
Charity Global & Affiliate Consolidated Audited Financial Statements Multiple
Entity: Charity Global dba charity: water
Document Type: IRS Form 990
Tax ID: 22-3936753
Entity: Charity Global & Affiliate
Document Type: Consolidated Audited Financial Statements
Tax ID: Multiple

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
charity: water
meets governance benchmarks.
 
charity: water
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy No Sharing  

  Name Title Compensation
1 Scott Harrison CEO $325,278
2 Christoph Gorder Chief Water Officer $293,442
3 Jason Keramidas Chief Product Officer $207,714
1
Name: Scott Harrison
Title: CEO
Compensation: $325,278
2
Name: Christoph Gorder
Title: Chief Water Officer
Compensation: $293,442
3
Name: Jason Keramidas
Title: Chief Product Officer
Compensation: $207,714

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
CharityWatch's rating of charity: water also includes the financial activities of Charity Global (UK) Limited, which is consolidated in the Charity Global (d/b/a charity: water) audited financial statements for the fiscal year ended December 31, 2017.

According to the Charity Global consolidated audit of December 31, 2017 (Note 1, Organization and Purpose):

"In 2016, Charity Global, Inc. established Charity Global (UK) Limited in the United Kingdom. Charity Global (UK) Limited is an affiliate organization governed by its own Board of Directors. Charity Global (UK) Limited received full charitable status from the UK Charities Commission in September 2016, and is intended to operate in furtherance of Charity Global Inc.'s mission. By virtue of the governing documents of Charity Global (UK) Limited, Charity Global, Inc. owns all of the outstanding shares of, and thereby retains the entire voting interest in Charity Global (UK) Limited."
According to the Charity Global (charity: water) consolidated audit of December 31, 2017 (Note 8, Donated Goods, Services, and Functional Expenses), charity: water received in-kind donated goods and services on which it placed a total value of $683,696.

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]