Southwest Florida Gwi Housing II Inc

Analysis

Southwest Florida Gwi Housing II Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 II Inc reported income of $103k and spending of $148k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $103k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 134% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Southwest Florida Gwi Housing II 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 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Bayside Charity Corp ($103k), Lam Family Foundation ($103k) and Red Light Rebellion ($103k).

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 $16k. At year end it held assets of $407k against liabilities of $963k, net assets of -$557k.

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.