Twin Cities Maker Inc

Analysis

Twin Cities Maker Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Maker Inc reported income of $280k and spending of $174k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $239k to $280k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Twin Cities Maker Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Interfaith of Natrona County Inc ($280k), Society of Saint Vincent de Paul St Joseph the Worker Conference ($280k) and Next Generation Impact Foundation ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. At year end it held assets of $303k against liabilities of $0, net assets of $303k.