Captain Paul Watson Foundation

Analysis

Captain Paul Watson Foundation is a registered charity in United States, based in Lewes, DE. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Captain Paul Watson Foundation reported income of $1.6m and spending of $1.6m, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $352k to $1.6m (+345%), an average of +344% a year. The sharpest change came in the year to December 2023, when income rose by 345%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Captain Paul Watson Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within DE. Charities of a similar size with the same main cause include Landmarks Association of St Louis Inc ($1.6m), Lyric Arts Company of Anoka Inc ($1.6m) and Oklahoma Arts Institute ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.