Watertown Christian School

Analysis

Watertown Christian School is a registered charity in United States, based in Watertown, SD. It received its IRS tax-exemption ruling in September 1992, 34 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Watertown Christian School reported income of $688k and spending of $695k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $736k to $688k (-6.5%), an average of -2.2% a year. The sharpest change came in the year to June 2021, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Watertown Christian School sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within SD. Charities of a similar size with the same main cause include Volunteers of America Inc ($688k), Red Barn Nursery School Inc ($688k) and Hillel the Foundation for Jewish Campus Life ($688k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 55% of the total. Other salaries and wages came to $427k. At year end it held assets of $764k against liabilities of $2,037, net assets of $762k. It reported 37 employees.