Overview

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Est.

2023

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Watertown Cares Inc, with EIN 92-1696277, is a nonprofit organization dedicated to providing a safe and welcoming environment for homeless individuals and families. Operating with a budget of $165.4K and total revenue of $966.3K in the 2024 filing year, the organization relies heavily on funding, with a significant contribution of $1.4M from an unknown source. For more information, visit their website at watertown-cares.org.

Mission Statement

TO PROVIDE A SAFE AND WELCOMING ENVIRONMENT FOR HOMELESS INDIVIDUALS AND FAMILIES.
Revenues
$966.3K
Expenses
$176.2K
Net Income:
+$790.1K
Assets
$1.1M
Liabilities
$0
Net Assets:
+$1.1M
Operating Budget
$165.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$60.7K
Largest grant received
$60.7K
B
Beth Lalim
Board Member
D
Dan Schutte
Board Member
B
Brenda Hanten
Board Member

Frequently Asked Questions

What is WATERTOWN CARES INC’s budget?
In 2024, WATERTOWN CARES INC reported an annual operating budget of around $165 thousand. More detailed financial information is available to registered users.
What causes does WATERTOWN CARES INC support?
WATERTOWN CARES INC supports work in Temporary accommodations.
Where does WATERTOWN CARES INC operate?
WATERTOWN CARES INC is headquartered in WATERTOWN, SD.
Who funded WATERTOWN CARES INC recently?
In 2024, WATERTOWN CARES INC received grants from WATERTOWN AREA COMMUNITY FOUNDATION and WATERTOWN AREA COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant WATERTOWN CARES INC received in 2024?
The largest grant to WATERTOWN CARES INC in 2024 exceeds $61 thousand.
What is WATERTOWN CARES INC’s reliance on government grants?
WATERTOWN CARES INC relied on government grants for more than 80% of their total revenue in 2024.