Sisters of Watts

Analysis

Sisters of Watts is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in May 2016, 10 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, Sisters of Watts reported income of $134k and spending of $132k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $186k to $134k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sisters of Watts sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Harvard International Academy Foundation Inc ($134k), Seela Sports ($134k) and Socal Girls Fastpitch ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (41% of expenses). At year end it held assets of $197k against liabilities of $0, net assets of $197k.