What $14.2M of donor support funded last year.
Audited by KPMG. Verified by IDinsight. Independently rated by GiveWell + Charity Navigator. The full financial + program report is below.
By the numbers
2024 in summary.
0M$
Total revenue
Up 22% YoY
0M$
Spent on programs
89¢ of every dollar
0
New villages onboarded
Now 220 active partners
0★
Charity Navigator rating
9 years running
Where every dollar went
- Programs — 89% of total spend ($12.6M)
- — Clean Water programs: 52% ($7.4M)
- — Sanitation: 19% ($2.7M)
- — Economic Resilience: 11% ($1.6M)
- — Programs M&E + research: 7% ($0.9M)
- Fundraising — 5% of total spend ($0.7M)
- Operations — 6% of total spend ($0.9M)
What we accomplished
1,840 wells installed or repaired. 38 new village partnerships. 12,200 first-time direct beneficiaries. 80 schools + 22 clinics in active partnership.
96% of wells we installed in 2014 are still working. The industry average for the same vintage is 38%. Our 10-year continuation rate is the highest in the WASH sector.
What we got wrong
Two villages we onboarded in 2023 had aquifer-quality issues we didn’t catch in survey — the wells produced low-quality water and we had to drill twice. The cost overrun ($180k total) came out of contingency. We’ve updated our pre-drilling survey methodology to add an additional sample point at depth.
Our donor retention rate fell 4% YoY (78% → 74%). We think the cause was a backlog in our impact-reporting cadence in Q3, which meant donors didn’t hear from us for 5+ months. We’ve doubled the impact-reporting team and the cadence is back on track.
Independent reviews
- KPMG audit letter (PDF) — clean opinion, March 2025.
- IDinsight verification report — randomly-sampled beneficiary survey.
- Charity Navigator rating breakdown — 4★ since 2017.
- GiveWell Top Charity rationale — 2024 designation.
Letter from the founders
2024 was the largest year by revenue in our history, but the most meaningful number for us isn’t the total raised — it’s that the wells we drilled in 2014 are still pumping. The promise we made eleven years ago, to maintain what we install, is being kept. Thank you for making it possible.
— Dr. Amal Reyes + David Owusu, March 2025
Want the full PDF?
The 92-page annual report (full audited financials, methodology, all program metrics) is downloadable below. Print copies available on request.