Watson One More Inc

Analysis

Watson One More Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Watson One More Inc reported income of $133k and spending of $198k, spending 149% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $234k to $133k (-43%), an average of -17% a year. The sharpest change came in the year to December 2023, when income rose by 1207%. Over the whole period it spent 38% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Watson One More Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within AZ. Charities of a similar size with the same main cause include United Way of Scott County Indiana Inc ($133k), Salina Presbyterian Manor Endowment Fund ($133k) and Nassau Education Foundation Inc ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.