Watsontown Historical Association

Analysis

Watsontown Historical Association is a registered charity in United States, based in Watsontown, PA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, Watsontown Historical Association reported income of $199k and spending of $27k, leaving 87% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $67k to $199k (+197%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 19% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Watsontown Historical Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Visionaries Inc ($199k), Talent Machine Company Inc ($199k) and Friends of the Bonnie Kate Inc ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $316k against liabilities of $0, net assets of $316k.