West Lakes HWC Inc

Analysis

West Lakes HWC Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, West Lakes HWC Inc reported income of $1.3m and spending of $893k, leaving 30% of income unspent that year. Over the whole period it spent 42% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, West Lakes HWC Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Abundance Capital ($1.3m), United Way of Northeast Georgia Inc ($1.3m) and United Way of Harrison County Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $16.7m against liabilities of $15.0m, net assets of $1.7m.