TWB Residential Opportunities Inc

Analysis

TWB Residential Opportunities Inc is a registered charity in United States, based in PRT Jefferson, NY. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, TWB Residential Opportunities Inc reported income of $276k and spending of $239k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $276k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, TWB Residential Opportunities Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Shall Never Thirst Ministries ($276k), Columbia Village ($276k) and Milligan Housing for the Elderly and Handicapped of Gaffney Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $413k against liabilities of $1.2m, net assets of -$742k.