Project Watu Kamili Inc

Analysis

Project Watu Kamili Inc is a registered charity in United States, based in Clarkesville, GA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Project Watu Kamili Inc reported income of $175k and spending of $161k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $175k (+19%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Watu Kamili Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Imperial Beach Neighborhood Center ($175k), Open Access Connections ($175k) and Montana Farm Bureau Foundation ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $34k against liabilities of $297, net assets of $33k.