Twin Cities Community Outreach Inc

Analysis

Twin Cities Community Outreach Inc is a registered charity in United States, based in N Tonawanda, NY. It received its IRS tax-exemption ruling in September 1991, 35 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 December 2023, Twin Cities Community Outreach Inc reported income of $90k and spending of $56k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $53k to $90k (+72%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 173%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Twin Cities Community Outreach Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Island Pantry Inc ($90k), Friends of the Chapel Hill Parks & Recreation Department ($90k) and Soccer Assoc for Youth ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 21% of the total. At year end it held assets of $761k against liabilities of $0, net assets of $761k.