Twin Lakes Family Wellness Center

Analysis

Twin Lakes Family Wellness Center is a registered charity in United States, based in Albany, KY. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Twin Lakes Family Wellness Center reported income of $374k and spending of $322k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $374k (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Twin Lakes Family Wellness Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Im Not Done Yet Foundation Inc ($373k), Sams Fans ($374k) and Glory Reborn Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 8.0% of the total. Other salaries and wages came to $98k. At year end it held assets of $182k against liabilities of $12k, net assets of $170k. It reported 11 employees.