Twin Valley Seniors Inc
Analysis
Twin Valley Seniors Inc is a registered charity in United States, based in E Montpelier, VT. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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 September 2023, Twin Valley Seniors Inc reported income of $270k and spending of $193k, leaving 28% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $257k to $270k (+5.2%), an average of +1.7% a year. The sharpest change came in the year to September 2023, when income rose by 44%. Over the whole period it spent 79% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Twin Valley Seniors Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 51st percentile within VT. Charities of a similar size with the same main cause include Alliance for Higher Education ($270k), Asbestos Workers Local Union No 22 Apprenticeship Training and Contin ($270k) and Little League Baseball Inc ($270k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $19k (10% of expenses). Other salaries and wages came to $46k. At year end it held assets of $561k against liabilities of $302k, net assets of $258k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 27%
- Other 7.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alliance for Higher Education | Richardson | $270k |
| Asbestos Workers Local Union No 22 Apprenticeship Training and Contin | Pasadena | $270k |
| Little League Baseball Inc | N Bellmore | $270k |
| Hospice of Homer | Homer | $270k |