Hunter Brooks Watson Memorial Fund

Analysis

Hunter Brooks Watson Memorial Fund is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Hunter Brooks Watson Memorial Fund reported income of $126k and spending of $287k, spending 227% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $384k to $126k (-67%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 210%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hunter Brooks Watson Memorial Fund sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include DBC Foundation ($126k), Sec Education Foundation Inc ($126k) and Firebox Initiative Inc ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 159% of the total. Other salaries and wages came to $58k. At year end it held assets of $440k against liabilities of $5,253, net assets of $435k. It reported 3 employees.