Billys Creek Rural Water Association
To provide potable water to association members
Billys Creek Rural Water Association at a glance
In short: Billys Creek Rural Water Association gave $1.2M across 1 grant in 2025 (avg $1.2M), mostly in Mississippi. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,193,654
- Grants made (2025)
- 1
- Average grant
- $1,193,654
- Median grant
- $1,193,654
- Total assets
- $2,455,552
- +89.8% vs 2024
- Primary geography
- Mississippi (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Billys Creek Rural Water Association funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was State of Mississippi ($1.2M).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $1–5M range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 1 grant totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| State of Mississippi Jackson, MS | — | $1,193,654 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,455,552 | $332,775 | $358,939 | $1,193,654 | 1 | $5,505 |
| 2024 | $1,293,676 | $328,998 | $335,292 | — | — | $4,149 |
| 2023 | $1,301,103 | $319,887 | $287,369 | — | — | $5,673 |
| 2022 | $1,271,592 | $312,248 | $298,501 | — | — | $2,041 |
| 2021 | $1,257,946 | $301,082 | $252,499 | — | — | $1,472 |
| 2020 | $1,250,861 | $305,046 | $255,788 | — | — | $1,116 |
| 2019 | $1,202,299 | $283,551 | $255,835 | — | — | $1,146 |
About Billys Creek Rural Water Association
Based on IRS filings
Billys Creek Rural Water Association is a public charity, based in Water Valley, MS. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 1 grant totaling $1.2M. Net investment income was $6K.
Leadership & Key People
Officers and directors from IRS filings
Billys Creek Rural Water Association is led by Larry P. Sprouse, President on every filing since 2019; 2 of 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
Larry P. Sprouse
President
On filings since 2019
10 hrs/week
$24K (2019) → $25K (2025)
Teresa Moore
Secretary
On filings since 2019
10 hrs/week
$12K (2019) → $28K (2025)
Tommy McCain
Vice President
On filings since 2019
10 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $28K, to Teresa Moore (Secretary). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Billys Creek Rural Water Association
How much does Billys Creek Rural Water Association give each year?
Billys Creek Rural Water Association gave $1.2M across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Billys Creek Rural Water Association?
Billys Creek Rural Water Association reported $2.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $333K.
Where does Billys Creek Rural Water Association operate?
Billys Creek Rural Water Association has awarded grants in Mississippi.
What is Billys Creek Rural Water Association's EIN?
Billys Creek Rural Water Association's EIN (Employer Identification Number) is 64-0582487. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2025 (received by the IRS February 20, 2026)
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