TWW Inc

Analysis

TWW Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, TWW Inc reported income of $65k and spending of $38k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $65k (-3.8%), an average of -3.8% a year. Over the whole period it spent 53% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, TWW Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Alpha Enrichment Agency Inc ($65k), Service Club of Andover Inc ($65k) and Pearls of Service Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 23% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.