Donald R Watson Foundation Inc

Analysis

Donald R Watson Foundation Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Donald R Watson Foundation Inc reported income of $52k and spending of $94k, spending 179% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $90k to $52k (-42%), an average of -16% a year. The sharpest change came in the year to June 2022, when income rose by 89%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Donald R Watson Foundation 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 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Leadership Saisd ($52k), Farragut High School Dance Team Boosters ($52k) and HHS Foundation Program ($52k).

At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.