Waters Center for Systems Thinking Inc
Analysis
Waters Center for Systems Thinking Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in March 2019, 7 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, Waters Center for Systems Thinking Inc reported income of $1.1m and spending of $941k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+5.9%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waters Center for Systems Thinking Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within AZ. Charities of a similar size with the same main cause include Childrens Garden of Learning ($1.1m), Cotton Boll Handicapped Housing Inc ($1.1m) and West Valley Lutheran Thrift Shop Inc ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $279k (30% of expenses). Other salaries and wages came to $396k. At year end it held assets of $463k against liabilities of $9,470, net assets of $454k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 81%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Childrens Garden of Learning | Vail | $1.1m |
| Cotton Boll Handicapped Housing Inc | Kennett | $1.1m |
| West Valley Lutheran Thrift Shop Inc | Phoenix | $1.1m |
| Training Institute for Leadership Enrichment | Alameda | $1.1m |