Watson Childrens Shelter Inc

Analysis

Watson Childrens Shelter Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Watson Childrens Shelter Inc reported income of $2.0m and spending of $2.2m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $2.0m (+4.8%), an average of +1.6% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Watson Childrens Shelter Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within MT. Charities of a similar size with the same main cause include The Stanton Child Resource Center Inc ($2.0m), Arts Connection of Central Illinois ($2.0m) and Saginaw County Community Action Committee ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $85k (3.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $8.9m against liabilities of $124k, net assets of $8.7m. It reported 111 employees.