Sullivan-vigo Rural Water Corporation is a 501(c)(4) organization based in Terre Haute, Indiana, registered in 2005, with $989,395 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$989K
▲ 14.1% vs prior year
Human Services median: $293K
Expenses (FY2024)
$1.0M
Net assets
-$2.5M
Employees
—
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 Sullivan-vigo Rural 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 Sullivan-vigo Rural Water Corporation: 0 mo reserves · -6% margin earns a F 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 Sullivan-vigo Rural 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 Sullivan-vigo Rural Water Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $635K (FY2015) to $989K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-5.7%
Spent more than it raised in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$5.4M
Net assets
-$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $989,395▲14.1% | $1,046,174▲7.6% | -$2,482,053▼2.3% | $2,911,172▼5.5% | 990 |
| 2023 | $867,287▲4.8% | $971,866▲4.2% | -$2,425,274▼4.5% | $3,081,716▼7.4% | 990 |
| 2022 | $827,222▲8.6% | $932,374▲0.2% | -$2,320,695▼4.7% | $3,328,730▼6.1% | 990 |
| 2021 | $761,633▲1.2% | $930,426▲2.3% | -$2,215,543▼8.2% | $3,545,278▼7.5% | 990 |
| 2020 | $752,326▲11.5% | $909,750▲8.1% | -$2,046,750▼8.3% | $3,833,285▼6.8% | 990 |
| 2019 | $674,478▼0.7% | $841,874▲0.1% | -$1,889,326▼9.7% | $4,110,800▼6.5% | 990 |
| 2018 | $679,453▲4.1% | $840,749▼0.6% | -$1,721,930▼10.3% | $4,398,016▼5.8% | 990 |
| 2017 | $652,921▼0.3% | $846,161▲2.6% | -$1,560,634▼14.1% | $4,668,581▼6.2% | 990 |
| 2016 | $654,784▲3.1% | $825,046▲2.0% | -$1,367,394▼14.2% | $4,978,037▼5.6% | 990 |
| 2015 | $635,276 | $808,635▼18.6% | -$1,197,132▼118% | $5,272,703▼13.7% | 990 |
| 2012 | — | $993,613 | -$549,040 | $6,113,261 | 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 Sullivan-vigo Rural Water Corporation (EIN 35-1925110) 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.