B H P Water Supply Corporation is a 501(c)(12) organization based in Royse City, Texas, registered in 1974, with $2,173,928 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$2.2M
▼ 2.3% vs prior year
Expenses (FY2025)
$2.0M
Net assets
$3.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for B H P Water Supply Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For B H P Water Supply Corporation: 24 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for B H P Water Supply Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For B H P Water Supply Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.3M (FY2013) to $2.2M (FY2025) across 13 reported years.
Financial snapshot
Operating margin
9.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.5M
Total liabilities
$2.5M
Net assets
$3.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $2,173,928▼2.3% | $1,972,370▲2.6% | $3,926,010▲5.4% | $6,452,502▼0.3% | 990 |
| 2024 | $2,224,830▲16.2% | $1,921,870▲7.7% | $3,724,452▲8.9% | $6,473,213▲2.6% | 990 |
| 2023 | $1,914,803▼8.3% | $1,785,158▲9.6% | $3,421,492▲3.9% | $6,312,204▲0.9% | 990 |
| 2022 | $2,088,825▲36.1% | $1,628,821▲12.4% | $3,291,847▲16.2% | $6,253,335▲1.3% | 990 |
| 2021 | $1,535,326▲1.4% | $1,448,722▼0.9% | $2,831,843▲3.2% | $6,175,535▲0.4% | 990 |
| 2020 | $1,513,446▲9.7% | $1,461,484▲9.8% | $2,745,239▲1.9% | $6,149,974▼1.2% | 990 |
| 2019 | $1,379,369▲4.4% | $1,330,698▲0.6% | $2,693,277▲1.8% | $6,223,593▲6.3% | 990 |
| 2018 | $1,321,021▼23.3% | $1,323,361▲4.9% | $2,644,606▼0.1% | $5,853,824▼0.2% | 990 |
| 2017 | $1,722,585▲42.5% | $1,261,719▲13.5% | $2,646,946▲21.1% | $5,863,084▲8.3% | 990 |
| 2016 | $1,209,088▲5.9% | $1,111,702▼6.3% | $2,186,080▲4.7% | $5,413,623▲6.1% | 990 |
| 2015 | $1,141,420▲12.5% | $1,186,562▲7.9% | $2,088,694▼2.1% | $5,103,881▲89.6% | 990 |
| 2014 | $1,014,257▼20.1% | $1,099,923▼10.8% | $2,133,836▼3.9% | $2,692,372▲11.9% | 990 |
| 2013 | $1,270,174 | $1,232,529▲22.0% | $2,219,502▲1.7% | $2,405,332▲1.2% | 990 |
| 2012 | — | $1,010,672▲5.7% | $2,181,857▲61.5% | $2,377,811▲24.5% | 990 |
| 2011 | — | $956,520▲5.1% | $1,350,810▲3.3% | $1,909,210▲1.7% | 990 |
| 2010 | — | $910,263 | $1,308,117 | $1,877,352 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for B H P Water Supply Corporation (EIN 75-1416785) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.