Nonprofit screen
Screen a listWatts Healthcare Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$43Mrevenue
FY2024 · +7% in 3 yrs349staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−2.7%
Months of reserve2.0mo
Revenue growth (annualized)+2.1%
Middle half of peersMedianWatts Healthcare
Where the money goes FY2024 · $44M spent
Programs$32M73%Management and general$12M27%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.2M in FY2023 and −$1.2M in FY2024. Cash covers 2.0 months, above the peer median of 1.7.
990 Part I and balance sheetIn its favor2
Strong governance
12 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 8 of its 8 returns, 44% of revenue in FY2024. $89M is traced federal awards from Department of Health and Human Services.
990 Part VIII · USAspending28funders
$523ka year, last 3 years
31%from its largest funder
Funder’17’18’19’20’21’22’23Essential Access HealthEvery year since FY2017$166k$134k$161k$158k$217k$157k$116kThe Oprah Winfrey Charitable FoundationOn and off$1.0MSierra Health Foundation Center for Health Program ManagementOn and off$500k$10kCedars-Sinai Medical CenterOn and off$50k$150k$200kWeingart FoundationOn and off$200k$200kThe California Wellness FoundationStopped after FY2021$150k$10k$50k–Donor-advised giftsDonors not disclosed$103k$320k$63k13 other fundersUp to $100k a year each$55k$163k$25k$225k$205k$20k$10k
FundedThrough a donor-advised fundStopped