Terrawatu Inc

Analysis

Terrawatu Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Terrawatu Inc reported income of $82k and spending of $88k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $82k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Terrawatu Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Koz International ($82k), Jesus Is the Way Mission for Haiti ($82k) and Cuban Studies Institute Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,130 against liabilities of $0, net assets of $4,130.