Gildas Club Twin Cities Inc

Analysis

Gildas Club Twin Cities Inc is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Gildas Club Twin Cities Inc reported income of $779k and spending of $819k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $717k to $779k (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gildas Club Twin Cities Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Kentucky Voices for Health Inc ($779k), Strands of Strength Inc ($779k) and Tides Inc ($779k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $407k. At year end it held assets of $2.1m against liabilities of $518k, net assets of $1.6m. It reported 7 employees.