Little River Water & Sewerage Co Inc is a 501(c)(12) organization based in Conway, South Carolina, registered in 1978, with $0 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$0
Public Benefit median: $140K
Expenses (FY2024)
$3.1M
Net assets
$3.1M
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 Little River Water & Sewerage Co Inc— 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 Little River Water & Sewerage Co Inc: 12 mo reserves 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 Little River Water & Sewerage Co Inc— 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 Little River Water & Sewerage Co Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $5.4M (FY2013) to $0 (FY2024) across 12 reported years.
Financial snapshot
Total assets
$3.1M
Total liabilities
$0
Net assets
$3.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $0▲100% | $3,076,134▼81.7% | $3,139,711▼49.5% | $3,139,711▼49.5% | 990 |
| 2023 | -$72,229,227▼929% | $16,784,155▲114% | $6,215,845▼93.5% | $6,215,845▼93.7% | 990 |
| 2022 | $8,715,861▼5.6% | $7,838,396▼3.5% | $95,229,227▲9.1% | $98,703,400▲8.1% | 990 |
| 2021 | $9,235,660▲19.5% | $8,126,842▲7.2% | $87,301,739▲9.5% | $91,315,631▲9.1% | 990 |
| 2020 | $7,728,699▲7.5% | $7,580,973▲0.2% | $79,708,916▲10.9% | $83,724,429▲10.2% | 990 |
| 2019 | $7,189,596▲3.4% | $7,566,664▲8.9% | $71,863,769▲17.5% | $75,956,968▲17.0% | 990 |
| 2018 | $6,952,685▲5.1% | $6,949,218▲10.9% | $61,145,418▲12.2% | $64,942,123▲11.5% | 990 |
| 2017 | $6,616,623▲11.7% | $6,268,379▼0.7% | $54,510,873▲16.2% | $58,261,385▲14.2% | 990 |
| 2016 | $5,925,067▲1.6% | $6,314,231▲5.3% | $46,911,558▲5.2% | $51,003,424▲4.5% | 990 |
| 2015 | $5,831,793▲5.2% | $5,994,701▼1.1% | $44,572,066▲2.9% | $48,800,973▲2.8% | 990 |
| 2014 | $5,546,067▲2.5% | $6,059,549▲4.1% | $43,302,421▼1.3% | $47,468,273▲2.6% | 990 |
| 2013 | $5,410,617 | $5,822,700▲2.1% | $43,883,979▲1.4% | $46,268,912▲0.1% | 990 |
| 2012 | — | $5,703,529▲3.2% | $43,263,373▼0.4% | $46,213,870▲1.2% | 990 |
| 2011 | — | $5,527,981▼3.2% | $43,446,788▲0.6% | $45,668,570▲2.1% | 990 |
| 2010 | — | $5,711,214▲1.7% | $43,198,111▲1.3% | $44,734,116▲1.1% | 990 |
| 2009 | — | $5,614,473 | $42,662,780 | $44,235,729 | 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 Little River Water & Sewerage Co Inc (EIN 57-0525626) 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.