Watchmen Broadcasting Prod Intl Inc TV 36

Analysis

Watchmen Broadcasting Prod Intl Inc TV 36 is a registered charity in United States, based in North Augusta, SC. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Watchmen Broadcasting Prod Intl Inc TV 36 reported income of $830k and spending of $867k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $695k to $830k (+19%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Watchmen Broadcasting Prod Intl Inc TV 36 sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within SC. Charities of a similar size with the same main cause include Eilat Charities Inc ($830k), Vida Church Inc ($830k) and Partners in Joy Inc ($829k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (8.4% of expenses). Other salaries and wages came to $168k. At year end it held assets of $2.6m against liabilities of $604k, net assets of $2.0m. It reported 12 employees.