Southwest Florida Gwi Housing X Inc

Analysis

Southwest Florida Gwi Housing X Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in August 2005, 21 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 December 2023, Southwest Florida Gwi Housing X Inc reported income of $98k and spending of $181k, spending 184% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $98k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 369%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southwest Florida Gwi Housing X Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include CSHD 2 Inc ($98k), Habit for Humanity International Inc ($98k) and Community Economics Redevelopment Corporation of Wisconsin ($98k).

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 $15k. At year end it held assets of $1.2m against liabilities of $1.7m, net assets of -$533k.