Starrs Watchful Eye Inc

Analysis

Starrs Watchful Eye Inc is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in October 2008, 18 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 December 2023, Starrs Watchful Eye Inc reported income of $1.0m and spending of $730k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-8.4%), an average of -2.2% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Starrs Watchful Eye Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Cancer Research & Treatment Fund Inc ($1.0m), Porta Coeli Senior Housing NFP ($1.0m) and West Hartford Fellowship Housing in ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $260k (36% of expenses). Other salaries and wages came to $250k. At year end it held assets of $594k against liabilities of $0, net assets of $594k. It reported 33 employees.