Wattsnatural Tutoring

Analysis

Wattsnatural Tutoring is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wattsnatural Tutoring reported income of $224k and spending of $150k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $224k (+145%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wattsnatural Tutoring sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within RI. Charities of a similar size with the same main cause include Drive Strong Inc ($223k), A and R Medical Education Foundation ($224k) and Lil Titans Daycare Corp ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $97k. At year end it held assets of $131k against liabilities of $0, net assets of $131k. It reported 6 employees.