Waterhouse Charitable TR

Analysis

Waterhouse Charitable TR is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Waterhouse Charitable TR reported income of $351k and spending of $3.7m, spending 1053% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $351k (-86%), an average of -39% a year. The sharpest change came in the year to June 2023, when income rose by 783%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Waterhouse Charitable TR sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within HI. Charities of a similar size with the same main cause include Michael Magro Foundation Inc ($351k), Gene Grawe Fund Inc ($351k) and Steeple Run Community Council ($350k).

Compensation of current officers, directors and key employees was $455k (12% of expenses). At year end it held assets of $41.6m against liabilities of $0, net assets of $41.6m.