Fw4k Enterprise Inc

Analysis

Fw4k Enterprise Inc is a registered charity in United States, based in Coconut Creek, FL. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Fw4k Enterprise Inc reported income of $483k and spending of $496k, spending 103% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $244k to $483k (+98%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 198%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fw4k Enterprise Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Row House Community Development ($483k), A Glimpse of Africa ($483k) and Hawaii Peace and Justice ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $127k. At year end it held assets of $254k against liabilities of $124k, net assets of $130k. It reported 10 employees.