Watch Hill Improvement Society
EIN: 237258669 · Westerly, RI · NTEE: A82Z
| Metric | Value |
|---|---|
| Total Revenue | $113K |
| Total Expenses | $89K |
| Net Assets | $1.1M |
Is Watch Hill Improvement Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Watch Hill Improvement Society
Watch Hill Improvement Society (EIN: 237258669) is a nonprofit organization based in Westerly, RI, classified under NTEE code A82Z. The organization reported total revenue of $113K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Watch Hill Improvement Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Watch Hill Improvement Society is a small nonprofit that has been operating for 53 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $89K |
| Surplus / Deficit | +$8K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 8.5% |
| Months of Reserves | 151.8 months |
Financial Health Grade: A
In 2023, Watch Hill Improvement Society reported a surplus of $8K with revenue exceeding expenses, holds 151.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Watch Hill Improvement Society's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +208.7% | +7.4% | +0.7% |
| 2022 | +178.0% | +175.0% | -4.4% |
| 2021 | -80.1% | -54.0% | -1.6% |
| 2020 | -23.4% | -4.0% | -0.7% |
| 2019 | +3.4% | -14.5% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Watch Hill Improvement Society has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Watch Hill Improvement Society with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Frequently Asked Questions about Watch Hill Improvement Society
Is Watch Hill Improvement Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Watch Hill Improvement Society (EIN: 237258669) insufficient data. 0 red flags identified, 0 strengths noted.
How does Watch Hill Improvement Society spend its money?
Detailed spending breakdown data is not yet available for Watch Hill Improvement Society. Check back for updated IRS 990 analysis.
Are donations to Watch Hill Improvement Society tax-deductible?
Watch Hill Improvement Society is registered as a tax-exempt nonprofit (EIN: 237258669). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Watch Hill Improvement Society located?
Watch Hill Improvement Society is headquartered in Westerly, Rhode Island and files with the IRS under EIN 237258669. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Watch Hill Improvement Society have?
Watch Hill Improvement Society has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $113K in total revenue.
Filing History
IRS 990 filing history for Watch Hill Improvement Society showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Watch Hill Improvement Society's revenue has grown by 322.6%, moving from $23K to $98K. Total assets increased by 3% over the same period, from $1.1M to $1.1M. Total functional expenses rose by 150%, from $36K to $89K. In its most recent filing year (2023), Watch Hill Improvement Society reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $89K | $1.1M | $0 | — | — |
| 2022 | $32K | $83K | $1.1M | $0 | — | — |
| 2021 | $11K | $30K | $1.2M | $0 | — | — |
| 2020 | $57K | $66K | $1.2M | $0 | — | View 990 |
| 2019 | $74K | $68K | $1.2M | $0 | — | View 990 |
| 2018 | $72K | $80K | $1.2M | $35 | — | View 990 |
| 2017 | $153K | $65K | $1.2M | $0 | — | View 990 |
| 2016 | $77K | $55K | $1.1M | $35 | — | View 990 |
| 2015 | $45K | $44K | $1.1M | $0 | — | View 990 |
| 2014 | $46K | $34K | $1.1M | $0 | — | View 990 |
| 2013 | $48K | $66K | $1.1M | $0 | — | View 990 |
| 2012 | $23K | $36K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $89K, and assets of $1.1M (revenue +208.7% year-over-year).
- 2022: Revenue of $32K, expenses of $83K, and assets of $1.1M (revenue +178.0% year-over-year).
- 2021: Revenue of $11K, expenses of $30K, and assets of $1.2M (revenue -80.1% year-over-year).
- 2020: Revenue of $57K, expenses of $66K, and assets of $1.2M (revenue -23.4% year-over-year).
- 2019: Revenue of $74K, expenses of $68K, and assets of $1.2M (revenue +3.4% year-over-year).
- 2018: Revenue of $72K, expenses of $80K, and assets of $1.2M (revenue -53.1% year-over-year).
- 2017: Revenue of $153K, expenses of $65K, and assets of $1.2M (revenue +99.8% year-over-year).
- 2016: Revenue of $77K, expenses of $55K, and assets of $1.1M (revenue +69.7% year-over-year).
- 2015: Revenue of $45K, expenses of $44K, and assets of $1.1M (revenue -1.9% year-over-year).
- 2014: Revenue of $46K, expenses of $34K, and assets of $1.1M (revenue -4.4% year-over-year).
- 2013: Revenue of $48K, expenses of $66K, and assets of $1.1M (revenue +108.9% year-over-year).
- 2012: Revenue of $23K, expenses of $36K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Watch Hill Improvement Society:
Data Sources and Methodology
This transparency report for Watch Hill Improvement Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.