Skip to the page content
Your donations
Passes our checks

Caldera Water Company Inc

EIN 99-3563434 · Rigby, ID

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceGood88 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ORGANIZATION'S ACTVITIES WILL INCLUDE MAINTAINING EXISTING WATER TREATMENT AND DELIVERY FACILITIES AND EQUIPMENT AS WELL AS CONSTRUCTING OR IMPLEMENTING ADDITIONAL FACILITIES AND EQUIPMENT FOR THE DELIVERY OF WATER TO LOCAL WATER USERS. NO OTHER ACTIVITIES ARE PLANNED OR ANTICIPATED. THE ORGANIZATION WILL HIRE EMPLOYEES AND OUTSIDE CONTRACTORS TO PERFORM THESE TASKS ON A CONTINUAL BASIS THE ACTIVITY WILL ALMOST EXCLUSIVELY TAKE PLACE IN FREMONT COUNTY, IDAHO. 100% OF THE ORGANIZATION'S TIME AND 100% OF THE ORGANIZATION'S FUNDING WILL BE DEDICATED TO PROVIDING WATER TO THE RESIDENTS OF THE AREA AROUND THE MAIN FACILITIES. THE ORGANIZATION'S EXEMPT PURPOSE IS TO PROVIDE WATER TO LOCAL RESIDENTS AND THESE ACTIVITIES DIRECTLY FURTHER THIS EXEMPT PURPOSE.

Income
$558,650
Spending
$344,904
Spent on programs
83%
Reserves
5.5 months of spending
Largest source of income
fees for its services, 100%
Employees
0

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 78 out of 100. Higher than 49% of charities in its peer group (public benefit, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.5 months of spending.

  • Debt

    16 of 20

    It owes 25% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 38% of income.

  • Spending floor

    15 of 15

    83% of spending went to programs.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 88 out of 100. Higher than 77% of charities in its peer group (public benefit, $250k to $1m).

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. MAINTENANCE, REPAIR, AND IMPROVEMENT OF WATER SYSTEM
  2. $286,778 spent. MAINTENANCE, REPAIR, AND IMPROVEMENT OF WATER SYSTEM
  3. MAINTENANCE, REPAIR, AND IMPROVEMENT OF WATER SYSTEM

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.