Two-6 Resources Inc

Analysis

Two-6 Resources Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Two-6 Resources Inc reported income of $5.4m and spending of $5.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $5.4m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Two-6 Resources Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Proverbs 18 10 Ministries Inc ($5.4m), Healthquarters Inc ($5.4m) and Center for Alcohol & Drug Services Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $265k (5.1% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $6.4m against liabilities of $17k, net assets of $6.4m. It reported 531 employees.