Fswp-Gl II Inc

Analysis

Fswp-Gl II Inc is a registered charity in United States, based in Mount Oliver, PA. It received its IRS tax-exemption ruling in January 2003, 23 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 June 2023, Fswp-Gl II Inc reported income of $58k and spending of $83k, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $49k to $58k (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 138% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fswp-Gl II Inc sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within PA. Charities of a similar size with the same main cause include Community Compassion Jonesboro ($58k), Walter Riley Davis Senior Complex Corporation ($58k) and Lydias House Inc ($58k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $7,953. At year end it held assets of $466k against liabilities of $21k, net assets of $445k.

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.