Southwest Florida Gwi Housing Inc

Analysis

Southwest Florida Gwi Housing Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Inc reported income of $158k and spending of $219k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $118k to $158k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 137% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Florida Gwi Housing Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Long Beach Local ($158k), Alicias House ($158k) and Helping Hand Center Inc ($158k).

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 $21k. At year end it held assets of $558k against liabilities of $1.4m, net assets of -$826k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.