Watertown Senior Activities Center

Analysis

Watertown Senior Activities Center is a registered charity in United States, based in Watertown, SD. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Watertown Senior Activities Center reported income of $61k and spending of $56k, spending 92% of its income. Across the 6 years on record, from December 2015 to December 2023, income grew from $49k to $61k (+24%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 134%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Watertown Senior Activities Center sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 18th percentile within SD. Charities of a similar size with the same main cause include Foundation Blue Inc ($61k), Cooking Well ($61k) and Community Apartments Corporation of Wilson County ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 88% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.