Public Charity

WATSI INC

WATSI INC is a Public Charity headquartered in SAN FRANCISCO, CA. Financial data from the 2024 filing: $2.3M revenue, $2.5M expenses, $2.2M total assets. 53 publicly reported grants to this organization, totaling roughly $3.0M, appear in IRS filings.

EIN: 453236734 SAN FRANCISCO, CA Fund Raising & Fund Distribution NTEE: E12 Latest filing: 2024
Total Revenue$2.3M
Total Expenses$2.5M
Total Assets$2.2M
Grant Records53
Funding Total$3.0M
Filing Years2019–2024

Mission

WATSI, INC. IS A SAN FRANCISCO-BASED NON-PROFIT ORGANIZATION THAT DIRECTLY CONNECTS PEOPLE THROUGH TECHNOLOGY TO FUND LIFE-CHANGING HEALTHCARE FOR PATIENTS AROUND THE WORLD. SINCE LAUNCHING IN 2012, THE ORGANIZATION HAS HELPED MORE THAN 30,000 PATIENTS ACROSS 33 COUNTRIES. WATSI, INC.'S INNOVATIVE APPROACH HAS BEEN FEATURED BY THE BBC, THE NEW YORK TIMES, NPR, CNN, THE WALL STREET JOURNAL, AND FAST COMPANY.

Where $100 goes at Watsi Inc

How Watsi Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$87 Programs the work itself
$9 Management running the organization
$4 Fundraising raising the next dollar

Inside the $87 for programs

$87
In 2024, Watsi continued to grow our innovative, direct, and radically transparent model serving patients in need of life-changing healthcare
All program spending · Reported in the filing: 30,000 patients
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
FOR RECIPIENT'S EXEMPT PURPOSE
$161,000
2024
For grant recipient's exempt purposes
$143,675
$50,000
$49,059
$49,059

Showing up to 5 of 53 total records — full history available with membership.

Officers & Directors

DIRECTOR Chase Adam
DIRECTOR (LEFT 2/24) Dr Mahlet Kifle Habtemariam
DIRECTOR Grace Garey
CFO Keenyn Mcfarlane
EXECUTIVE DIRECTOR Mackinnon Engen
CHAIR Margaret Cornelius

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,966,919 38 grants
Health & Medicine
$936,090 11 grants
Human & Social Services
$65,000 2 grants
Unspecified
$8,824 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.3M $2.5M $2.2M
2023 $2.2M $1.9M $2.4M
2022 $1.6M $1.8M $2.2M
2020 $1.5M $1.6M $2.4M
2019 $2.4M $3.8M $2.2M

Between 2019 and 2024, reported annual revenue declined from $2.4M to $2.3M (-7%), with total assets most recently reported at $2.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WATSI INC

Complete financials, all 53 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time