Watch Care Inc

Analysis

Watch Care Inc is a registered charity in United States, based in Atlantic BCH, FL. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Watch Care Inc reported income of $288k and spending of $270k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $282k to $288k (+2.0%), an average of +0.7% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Watch Care Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Kinh 5 Foundation ($288k), Twin Lakes Auxiliary ($288k) and Beltway 8 South Crisis Pregnancy Center ($288k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $114k against liabilities of $67k, net assets of $46k.