Mire-branch Water Corporation is a 501(c)(12) organization based in Church Point, Louisiana, registered in 1997, with $1,543,868 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$1.5M
▲ 15.0% vs prior year
Expenses (FY2023)
$1.3M
Net assets
$1.2M
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 Mire-branch Water 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 Mire-branch Water Corporation: 12 mo reserves · +18% 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 Mire-branch Water 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 Mire-branch Water Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $664K (FY2014) to $1.5M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
18.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.2M
Total liabilities
$2.9M
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,543,868▲15.0% | $1,262,457▲7.6% | $1,243,100▲29.3% | $4,186,193▲4.3% | 990 |
| 2022 | $1,341,979▲4.2% | $1,172,962▼6.7% | $961,689▲21.3% | $4,014,672▲0.3% | 990 |
| 2021 | $1,288,403▲1.6% | $1,256,521▲3.2% | $792,672▲4.2% | $4,003,086 | 990 |
| 2020 | $1,268,119▲3.7% | $1,217,513▲3.1% | $760,790▼2.7% | $4,001,981▼4.1% | 990 |
| 2019 | $1,222,953▲4.2% | $1,181,037▲10.6% | $781,629▲6.7% | $4,175,233▲1.6% | 990 |
| 2018 | $1,173,517▲25.4% | $1,067,390▲2.4% | $732,763▲17.8% | $4,109,809▲0.2% | 990 |
| 2017 | $935,691▲3.1% | $1,041,975▼6.8% | $621,936▼14.1% | $4,100,810▼3.7% | 990 |
| 2016 | $907,439▲4.2% | $1,118,310▲14.9% | $723,870▼22.1% | $4,258,931▼6.9% | 990 |
| 2015 | $870,832▲31.1% | $973,698▲15.4% | $929,341▼10.0% | $4,573,003▼2.6% | 990 |
| 2014 | $664,390 | $843,537 | $1,032,208 | $4,693,898 | 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.
Explore more
Data for Mire-branch Water Corporation (EIN 72-1044102) 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.