The Watershed History Collective Inc

Analysis

The Watershed History Collective Inc is a registered charity in United States, based in South Windsor, CT. It received its IRS tax-exemption ruling in April 1971, 55 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Watershed History Collective Inc reported income of $669k and spending of $250k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $152k to $669k (+339%), an average of +45% a year. The sharpest change came in the year to June 2023, when income rose by 248%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Watershed History Collective Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include Grafton Blueline Club Inc ($668k), Vigilant Hose Company No 1 of Shippensburg Pennsylvania ($669k) and The Cornea Society Inc ($668k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $37k (15% of expenses). Other salaries and wages came to $64k. At year end it held assets of $628k against liabilities of $5,019, net assets of $623k. It reported 4 employees.