Southwest Florida Gwi Housing XI Inc

Analysis

Southwest Florida Gwi Housing XI Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in December 2006, 20 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 XI Inc reported income of $95k and spending of $179k, spending 189% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $97k to $95k (-2.4%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 274%. Over the whole period it spent 106% 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 XI Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Everett House of Charlotte Inc ($95k), Bethany Lutheran Foundation Inc ($95k) and Habitat for Humanity International Inc ($95k).

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 $14k. At year end it held assets of $1.0m against liabilities of $1.6m, net assets of -$626k.