Phyllis C Wattis Foundation is a 501(c)(3) organization based in San Francisco, California, registered in 2011, with $393,497 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$393K
▲ 86.2% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$662K
Net assets
$9.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Phyllis C Wattis Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Phyllis C Wattis Foundation: 164 mo reserves · -68% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Phyllis C Wattis Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Phyllis C Wattis Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $332K (FY2013) to $393K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-68.2%
Spent more than it raised in the latest fiscal year.
Total assets
$9.1M
Total liabilities
$0
Net assets
$9.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $393,497▲86.2% | $661,949▼33.0% | $9,070,676▲5.5% | $9,070,676▲5.5% | 990PF |
| 2022 | $211,377▼70.2% | $987,898▼16.5% | $8,598,243▼23.4% | $8,598,357▼23.4% | 990PF |
| 2021 | $708,244▲33.2% | $1,182,496▲3.4% | $11,222,591▲0.8% | $11,222,591▲0.8% | 990PF |
| 2020 | $531,821▲42.0% | $1,143,687▲107% | $11,131,645▲0.4% | $11,131,645▲0.4% | 990PF |
| 2019 | $374,571▲36.4% | $552,147▼3.2% | $11,090,178▲12.8% | $11,090,178▲12.8% | 990PF |
| 2018 | $274,633▼18.8% | $570,390▲23.3% | $9,828,712▼11.0% | $9,828,712▼11.0% | 990PF |
| 2017 | $338,200▲32.5% | $462,668▼12.9% | $11,046,498▲10.0% | $11,046,513▲10.0% | 990PF |
| 2016 | $255,280▲9.3% | $531,296▼4.5% | $10,039,740▲1.2% | $10,039,740▲1.2% | 990PF |
| 2015 | $233,572▼87.9% | $556,152▲23.3% | $9,915,936▼7.1% | $9,923,150▼7.1% | 990PF |
| 2014 | $1,923,416▲479% | $450,879▲7.5% | $10,678,484▼0.4% | $10,678,484▼0.4% | 990PF |
| 2013 | $332,025 | $419,374▼38.1% | $10,717,432▲12.7% | $10,717,432▲12.7% | 990PF |
| 2012 | — | $677,617 | $9,510,762 | $9,510,762 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Phyllis C Wattis Foundation (EIN 90-0653262) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.