W H III Inc

Analysis

W H III Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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, W H III Inc reported income of $184k and spending of $111k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $312k to $184k (-41%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, W H III Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IA. Charities of a similar size with the same main cause include Snoqualmie Valley Preservation Alliance ($184k), Sun Rising Presbyterian Church ($184k) and PTA California Congress of Parents Teachers & Students Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. At year end it held assets of $523k against liabilities of $250k, net assets of $273k.