GW Business Solutions LLC

Analysis

GW Business Solutions LLC is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, GW Business Solutions LLC reported income of $10.3m and spending of $10.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $10.3m (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, GW Business Solutions LLC sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Four Bands Community Fund Inc ($10.3m), Southern Oregon Aspire Inc ($10.3m) and Integrated Resources Institute ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $4.9m. At year end it held assets of $4.8m against liabilities of $2.5m, net assets of $2.3m. It reported 312 employees.