Watermark for Kids Inc

Analysis

Watermark for Kids Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Watermark for Kids Inc reported income of $254k and spending of $140k, leaving 45% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $387k to $254k (-34%), an average of -34% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Watermark for Kids Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within AZ. Charities of a similar size with the same main cause include Foothill Pregnancy Center ($254k), Dental Care in Your Home Inc ($254k) and Childs Cure Genetic Research Non Profit Corporation ($254k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $678k against liabilities of $7,240, net assets of $670k.