Twigs Thriftree Inc

Analysis

Twigs Thriftree Inc is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in January 1975, 51 years ago. 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 April 2024, Twigs Thriftree Inc reported income of $156k and spending of $135k, spending 86% of its income. Across the 3 years on record, from April 2022 to April 2024, income grew from $113k to $156k (+38%), an average of +18% a year. The sharpest change came in the year to April 2023, when income rose by 21%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Twigs Thriftree Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Rose Childrens Theatre ($156k), Harding Township Recreation Association ($156k) and Pets Are Loving Support Inc ($156k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 6.7% of the total. At year end it held assets of $203k against liabilities of $1,420, net assets of $202k.