Billys Creek Rural Water Association

Foundation · Grantmaker Water Valley, MS EIN: 64-0582487

To provide potable water to association members

Key facts about Billys Creek Rural Water Association

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.

EIN
64-0582487
Latest 990 filing
Form 990, 2025
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
Primary geography
Mississippi (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$2.5M

+89.8% YoY

Annual Giving

$1.2M

Grant Count

1

Avg Grant Size

$1.2M

About Billys Creek Rural Water Association

Based on IRS filings

Billys Creek Rural Water Association is a nonprofit organization, 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Jackson

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M0 grants20190 grants20200 grants20210 grants20220 grants20230 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

State of Mississippi: $1.2MState of Mississippi$1.2M

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
STATE OF MISSISSIPPI Jackson, MS—$1,193,654

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2019202020212022202320242025
Metric202520242023
Total Assets$2,455,552$1,293,676$1,301,103
Revenue$332,775$328,998$319,887
Expenses$358,939$335,292$287,369
Qualifying Distributions———
Net Investment Income$5,505$4,149$5,673
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2025 (received by the IRS February 20, 2026)

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

Teresa Moore — Secretary: $28KTeresa MooreSecretary$28KLarry P Sprouse — President: $25KLarry P SprousePresident$25K

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.

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