Watotoworld Inc

Analysis

Watotoworld Inc is a registered charity in United States, based in Haverhill, MA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Watotoworld Inc reported income of $155k and spending of $92k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $123k to $155k (+26%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 77% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Watotoworld Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include All Things Made New ($154k), Girls on the Run of Northwest Arkansas ($155k) and Montgomery Township Baseball and Softball Association ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $521k against liabilities of $0, net assets of $521k.