Iwec Inc

Analysis

Iwec Inc is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Iwec Inc reported income of $585k and spending of $163k, leaving 72% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $192k to $585k (+204%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 229%. Over the whole period it spent 56% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Iwec Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Outer Banks Dare Challenge Inc ($585k), California Hospice Network ($585k) and Cancer Resource Centers of Mendocino County ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $505k against liabilities of $0, net assets of $505k.