Gard W Twaddle Nurses Endowment Fund

Analysis

Gard W Twaddle Nurses Endowment Fund is a registered charity in United States, based in Lewiston, ME. It received its IRS tax-exemption ruling in January 1955, 71 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Gard W Twaddle Nurses Endowment Fund reported income of $105k and spending of $87k, spending 83% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $73k to $105k (+44%), an average of +9.6% a year. The sharpest change came in the year to March 2021, when income rose by 152%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gard W Twaddle Nurses Endowment Fund sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 32nd percentile within ME. Charities of a similar size with the same main cause include Alumni Free Speech Alliance ($105k), University of Montevallo Alumni Association ($105k) and Towanda Area School District Foundation ($105k).

At year end it held assets of $2.4m against liabilities of $82k, net assets of $2.3m.