TWS Foundation

Analysis

TWS Foundation is a registered charity in United States, based in Western SPRGS, IL. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, TWS Foundation reported income of $74k and spending of $28k, leaving 62% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $55k to $74k (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 40% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, TWS Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Carnegie Cultural Center ($74k), Imagine Productions of Columbus Inc ($74k) and Kansas City St Patricks Day Parade Committee Inc ($74k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% of the total. At year end it held assets of $1.6m against liabilities of $575, net assets of $1.6m.