Childrens Institute of Watts

Analysis

Childrens Institute of Watts is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Institute of Watts reported income of $384k and spending of $806k, spending 210% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.0m to $384k (-87%), an average of -50% a year. The sharpest change came in the year to June 2021, when income dropped by 100%. Over the whole period it spent 29% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Institute of Watts 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 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Sunflower House Inc ($384k), Baby Basics of Collier County Inc ($384k) and Carehelp and Aid for Israel Inc ($384k).

At year end it held assets of $24.0m against liabilities of $22.3m, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.