Gwi Services Inc

Analysis

Gwi Services Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in June 1996, 30 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 September 2023, Gwi Services Inc reported income of $1.9m and spending of $1.6m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $977k to $1.9m (+98%), an average of +19% a year. The sharpest change came in the year to September 2023, when income rose by 28%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gwi Services Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include Urban Manufacturing Alliance ($1.9m), University District Community Development Association Inc ($1.9m) and Alpha Workshops ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $751k. At year end it held assets of $2.3m against liabilities of $2.1m, net assets of $190k. It reported 48 employees.