Southwest Florida Gwi Housing XII Inc

Analysis

Southwest Florida Gwi Housing XII Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southwest Florida Gwi Housing XII Inc reported income of $395k and spending of $178k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $395k (+346%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 316%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southwest Florida Gwi Housing XII Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Pine Tree Housing Corporation ($395k), Fair Housing Center of the Greater Palm Beaches ($395k) and Ahepa 242 Inc ($395k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $13k. At year end it held assets of $1.4m against liabilities of $2.0m, net assets of -$617k.