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California · Public charity

Water and Power Community Credit Union

A cooperative, organized for the purpose of promoting thrift andsavings among its members, creating a source of credit for them at rates of interest set by the board of directors, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic and social conditions. As a…

$28k
Granted FY2024(still arriving)
1
Itemized grants FY2024
1
Organizations funded FY2023
0%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$8k
The rest is grants the schedule does not break out
Median grant, FY2024
$7,500
Largest grant, FY2024
$7,500
Organizations funded a year
1 to 3
FY2022 to FY2023
States reached, FY2024
1
Total assets, FY2024
$944M

How open it is to new grantees

In FY2023, 0% of the organizations Water and Power Community Credit Union funded were first-time grantees, receiving 0% of its grant dollars.

The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving1$8k100%
FY20231$15k0%
FY20223$42kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2022 to 2024.

Environment$43kEducation$14kHuman Services$9k

Top grantees

Largest recipients by total granted, FY2022 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Los Angeles Cleantech Incubator$42,50020%
Shelter 37 Inc$8,60012%
Los Angeles Unified School District$7,5001n/a
Los Angeles Unified School District Education Foundation$6,00013%

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About Water and Power Community Credit Union

How much does Water and Power Community Credit Union give?
Water and Power Community Credit Union reported 1 itemized grants totaling $7,500, out of $27,839 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 3 organizations a year over FY2022 to FY2023.
What does Water and Power Community Credit Union fund?
By grant dollars over FY2022 to FY2024, its largest causes are Environment (66%), Education (21%), Human Services (13%).
Who are Water and Power Community Credit Union's largest grantees?
By total granted over FY2022 to FY2024: Los Angeles Cleantech Incubator ($43k), Shelter 37 Inc ($9k), Los Angeles Unified School District ($8k).
Does Water and Power Community Credit Union fund new organizations?
In FY2023, 0% of the organizations it funded were first-time grantees.
Where is Water and Power Community Credit Union based?
Water and Power Community Credit Union is based in CA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 4 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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