Watkins Community Center Inc

Analysis

Watkins Community Center Inc is a registered charity in United States, based in Honea Path, SC. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, Watkins Community Center Inc reported income of $66k and spending of $29k, leaving 55% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $26k to $66k (+153%), an average of +20% a year. The sharpest change came in the year to May 2024, when income rose by 103%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Watkins Community Center Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 32nd percentile within SC. Charities of a similar size with the same main cause include Bost Foundation ($66k), Pay It Forward Cincinnati ($66k) and Huntsville Kiwanis Foundation Inc ($66k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 67% of the total. At year end it held assets of $450k against liabilities of $0, net assets of $450k.