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New Hampshire · Nonprofit

THE WATER PROJECT INC

THE WATER PROJECT INC (New Hampshire) receives grants from 105 organizations whose IRS filings report $4,946,563 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($949,400). 56 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$6.4M
Funders on record
105
Grants received
$4.9M
Net assets
$10M
56/105 repeat funderspeak grant-dependency 18%
01What it does

What The Water Project Inc does

Mission

The water project, inc. Unlocks human potential by building and connecting global networks of local leaders, communities of generous supporters, and an informed public to provide sustainable water and sanitation programs to needlessly suffering communities in developing countries. Donations are linked to specific water projects through online reporting, allowing donors to see how specific water programs impact communities and view the ongoing functionality of those projects.

As stated on its FY2024 Form 990.

Programs

  1. Western kenya wash program: in partnership with western water and sanitation forum, friends of timothy foundation, and the water project's regional service hub, the water project co-developed and strengthened regional water, hygiene, and sanitation (wash) programs in western kenya, resulting in the protection of springs, drilling of boreholes, and construction of rainwater harvesting tanks. School wash projects also included the construction of latrines and handwashing stations. In 2025, 89 new projects were implemented. All programs include community vetting and engagement, hygiene training, water project implementation, post-construction community engagement, multi-year monitoring/evaluation, and service/maintenance/repair initiatives. The water project's western kenya program includes in-person (data collection using smartphones) and call-based monitoring programs to collect real-time data on past and present water points. The water project's operation and maintenance program provides ongoing community support to resolve non/under-functioning water points. In 2025, 7,196 monitoring events occurred across 1,573 water points, triggering 801 service/maintenance/repair events.…

    $3,056,722 spentof which $1,436,226 as grants
    71% of program spending
  2. Port loko, sierra leone wash program: in partnership with mariatu's hope, the water project co-developed and strengthened regional water, hygiene, and sanitation (wash) programs in port loko sierra leone, resulting in the implementation of new drilled wells and rehabilitation of broken/dry wells in sierra leone. In 2025, 29 new projects were implemented. All programs include community vetting and engagement, hygiene training, water project implementation, post-construction community engagement, multi-year monitoring/evaluation, and service/maintenance/repair initiatives. The water project's sierra leone program includes in-person (data collection using smartphones) and call-based monitoring programs to collect real-time data on past and present water points. The water project's operation and maintenance program provides ongoing community support to resolve non/under-functioning water points. In 2025, 1,901 monitoring events occurred across 411 water points, triggering 184 service/maintenance/repair events. Rigorous and ongoing online reporting links givers with all of the above activities, showing how each donation makes a tangible impact in the water program and community.

    $789,481 spentof which $432,096 as grants
    18% of program spending
  3. Western uganda wash program: in partnership with the water trust, the water project co-developed and strengthened regional water, hygiene, and sanitation (wash) programs resulting in the implementation of new wells in western uganda. In 2025, 10 new projects were implemented. All programs include community vetting and engagement, hygiene training, water project implementation, post-construction community engagement, multi-year monitoring/evaluation, and service/maintenance/repair initiatives. The water project's western uganda program includes in-person (data collection using smartphones) and call-based monitoring programs to collect real-time data on past and present water points. The water project's operation and maintenance program provides ongoing support to resolve non/under-functioning water points. In 2025, 828 monitoring events occurred across 190 water points, triggering 131 service/maintenance/repair events. Rigorous and ongoing onlinereporting links givers with all of the above activities, showing how each donation makes a tangible impact in the water program and community.

    $431,365 spentof which $201,617 as grants
    10% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $4,277,568.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($6.0M) Expenses 100 ($2.8M) Net assets 100 ($3.9M)2018 Revenue 49 ($2.9M) Expenses 121 ($3.4M) Net assets 88 ($3.4M)2019 Revenue 55 ($3.3M) Expenses 124 ($3.5M) Net assets 84 ($3.3M)2020 Revenue 91 ($5.4M) Expenses 102 ($2.9M) Net assets 149 ($5.8M)2021 Revenue 121 ($7.2M) Expenses 165 ($4.6M) Net assets 216 ($8.5M)2022 Revenue 120 ($7.2M) Expenses 234 ($6.6M) Net assets 226 ($8.8M)2023 Revenue 94 ($5.6M) Expenses 204 ($5.7M) Net assets 236 ($9.2M)2024 Revenue 106 ($6.4M) Expenses 204 ($5.7M) Net assets 268 ($10M)
'17'18'19'20'21'22'23'24
Revenue (106)Expenses (204)Net assets (268)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $5.9M to $8.5M (+45%).

$4.0M
$3.5M
$3.3M
$5.9M
$8.5M
$9.0M
$9.3M
$11M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 4%. Grants only. Government contracts and fees sit inside program revenue.

95% of THE WATER PROJECT INC’s revenue is contributions — about as donation-reliant as the typical peer (97% for the typical peer).

This organization
Typical peer · 1,680 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$3.2M
’17
−$473k
’18
−$170k
’19
$2.6M
’20
$2.6M
’21
$626k
’22
−$118k
’23
$648k
’24
5.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Todd Bourgeois

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24
Listed66679121112
Joined·+0+1+1+3+3+0+3
No longer listed·0101012
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 19 funders to 38 funders, grant income rose $152k → $989k.

19 of 105 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 68% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE WATER PROJECT INC’s funders (the co-funder graph). Top 30 of 105 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE WATER PROJECT INC has a broad base — no single funder exceeds 19% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

69% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE WATER PROJECT INC.

19%
largest funder
38%
top three
~12
effective funders

Largest funder’s share by year: 2017 33% · 2018 21% · 2019 52% · 2020 25% · 2021 39% · 2022 36% · 2023 41% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

38% of THE WATER PROJECT INC's funders are still giving 3 years after their first grant; 53% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

68% of THE WATER PROJECT INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.6M that is directly attributable, 100% of it comes from funders outside New Hampshire, across 30 states.

WA
MN
IL
WI
MI
NY
MA
NV
IA
OH
PA
NJ
CT
RI
CA
UT
CO
MO
VA
MD
DE
AZ
AR
NC
SC
HI
LA
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New Hampshire out of state home

Funder states come from each funder’s own filing. $3.3M arriving through sponsors registered in 16 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE WATER PROJECT INC runs a healthier operating margin than half of the 1,608 international nonprofits its size.

Operating margin10% · above the median
Months of reserve5.6mo · above the median
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 1,608 international nonprofits $1M–$10M, FY2024

Organizations like THE WATER PROJECT INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Hampshire

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 8%Fundraising 22%

Governance

7
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

90%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 46 states

VT
NH
WA
ID
MT
MN
IL
WI
MI
NY
MA
OR
WY
SD
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
MS
AL
GA
TX
FL

Part of a family of 2 related entities

  • Wash Technical Solutions Limited · disregarded
  • Majiops Limited · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for THE WATER PROJECT INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE WATER PROJECT INC?
THE WATER PROJECT INC (New Hampshire) receives grants from 105 organizations whose IRS filings report $4,946,563 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($949,400). 56 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE WATER PROJECT INC have?
IRS filings report 105 organizations giving $4,946,563 in grants to THE WATER PROJECT INC, 56 of which have funded it in more than one year.
Who is the largest funder of THE WATER PROJECT INC?
VANGUARD CHARITABLE ENDOWMENT PROGRAM is the largest funder on record, with $949,400 in grants. The full list of funders is on this page.
How can an organization like THE WATER PROJECT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Hampshire. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 105 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing