John T Waterhouse Share No 3 Trust

Analysis

John T Waterhouse Share No 3 Trust is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in October 1985, 41 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, John T Waterhouse Share No 3 Trust reported income of $754k and spending of $1.1m, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $743k to $754k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 165%. Over the whole period it spent 193% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, John T Waterhouse Share No 3 Trust sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within HI. Charities of a similar size with the same main cause include Fairmount Center for Creative & Performing Arts Inc ($753k), Commonwealth Foundation Inc ($754k) and Service League of Greenville Inc ($753k).

Compensation of current officers, directors and key employees was $226k (20% of expenses). At year end it held assets of $16.1m against liabilities of $0, net assets of $16.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.