W H III Inc is a 501(c)(3) organization based in Des Moines, Iowa, registered in 1984, with $141,691 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$142K
▼ 23.1% vs prior year
Expenses (FY2024)
$117K
Net assets
$298K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for W H III Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For W H III Inc: 31 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for W H III Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For W H III Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $125K (FY2011) to $142K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
17.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$518K
Total liabilities
$221K
Net assets
$298K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $141,691▼23.1% | $116,532▲4.8% | $297,801▲9.2% | $518,444▼0.8% | 990 |
| 2023 | $184,211▼31.4% | $111,238▼18.9% | $272,642▲36.5% | $522,836▲9.2% | 990 |
| 2022 | $268,559▼13.8% | $137,231▲9.6% | $199,669▲192% | $478,833▲29.4% | 990 |
| 2021 | $311,660▲151% | $125,181▲37.4% | $68,341▲158% | $369,950▲57.3% | 990 |
| 2020 | $124,345▼5.2% | $91,090▲11.6% | -$118,138▲22.0% | $235,120▲29.2% | 990EZ |
| 2019 | $131,182▲1.8% | $81,588▼7.8% | -$151,393▲24.7% | $181,969▼5.4% | 990EZ |
| 2018 | $128,874▲5.3% | $88,462▼9.7% | -$200,987▲21.5% | $192,319▲6.5% | 990EZ |
| 2016 | $122,359▲5.2% | $97,958▼8.0% | -$256,090▲8.7% | $180,603▲11.6% | 990EZ |
| 2015 | $116,314▼3.7% | $106,436▼11.9% | -$280,491▲3.4% | $161,763▼23.3% | 990EZ |
| 2014 | $120,721▲7.9% | $120,768▼9.5% | -$290,371 | $210,812▲12.3% | 990EZ |
| 2013 | $111,870▼5.8% | $133,418▲6.6% | -$290,324▼8.0% | $187,742▼3.6% | 990EZ |
| 2012 | $118,759▼5.0% | $125,177▲2.8% | -$268,776▼2.4% | $194,709▼6.8% | 990EZ |
| 2011 | $124,966 | $121,804 | -$262,358 | $208,991 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for W H III Inc (EIN 42-1231992) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.