Iwsi America Inc

Analysis

Iwsi America Inc is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2022, Iwsi America Inc reported income of $722k and spending of $779k, spending 108% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $715k to $722k (+0.9%), an average of +0.5% a year. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Iwsi America Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Valley of the Sun Hockey Association II ($721k), Two by Two Character Development ($722k) and Answer Inc ($721k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $189k (24% of expenses). Other salaries and wages came to $163k. At year end it held assets of $334k against liabilities of $15k, net assets of $319k. It reported 8 employees.