Watts Labor Community Action Committee

Analysis

Watts Labor Community Action Committee is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Watts Labor Community Action Committee reported income of $25.8m and spending of $26.9m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $28.1m to $25.8m (-8.0%), an average of -2.1% a year. The sharpest change came in the year to June 2020, when income dropped by 22%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Watts Labor Community Action Committee sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Lifecare Inc ($25.8m), Kendal at Oberlin ($25.9m) and Circle the City ($25.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $10.2m. At year end it held assets of $43.8m against liabilities of $5.9m, net assets of $37.8m. It reported 682 employees.