Financial Information for Watertown Area Community Foundation

Watertown Area Community Foundation's annual revenue was $2.5M in tax year 2024, reported on their IRS Form 990. They spent $821K in total expenses. 85% went to programs and services.

Financial Breakdown

What is Watertown Area Community Foundation's total annual expenses?

Watertown Area Community Foundation spent $821K in tax year 2024, according to their IRS Form 990 filing.

How much of Watertown Area Community Foundation's budget goes to programs?

Watertown Area Community Foundation spent $702K (85% of expenses) on programs and services in tax year 2024.

How much does Watertown Area Community Foundation spend on overhead?

Watertown Area Community Foundation's overhead in tax year 2024 includes administrative (15%) of their expenses.

What is Watertown Area Community Foundation's net worth?

Watertown Area Community Foundation had net assets of $13.6M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.