Watts Learning Center Inc

Analysis

Watts Learning Center Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Watts Learning Center Inc reported income of $429k and spending of $450k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $420k to $429k (+2.3%), an average of +0.6% a year. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Watts Learning Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Vir Fidelis Fund ($429k), Marriage for Life Inc ($430k) and Davis Parent Nursery School Association ($429k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9.3m against liabilities of $6.8m, net assets of $2.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.