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The Twig Cares Inc

RegisteredEIN 27-3577334Venice, FLPoverty relief
Income$1.1m2023-12
Spending$1.1msame year
Spent / received93%5-year average
Size in its cause76th pctPoverty relief
Exempt since2011Publicly supported organisat
Employees11latest return

Analysis

The Twig Cares Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Twig Cares Inc reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $473k to $1.1m (+132%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Twig Cares Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Tender Care Childcare Preschool and Kindergarten ($1.1m), Sunshine Corners Inc ($1.1m) and Hilltop Community Childrens Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $285k. At year end it held assets of $1.8m against liabilities of $1.4m, net assets of $389k. It reported 11 employees.

Income and spending

$0$274k$549k$823k$1.1m2019 Income: $472,9382019 Spending: $453,53120192020 Income: $689,0412020 Spending: $473,26520202021 Income: $719,9762021 Spending: $746,21220212022 Income: $914,3772022 Spending: $901,84720222023 Income: $1,097,8242023 Spending: $1,055,7622023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Tender Care Childcare Preschool and KindergartenTupelo$1.1m
Sunshine Corners IncStrasburg$1.1m
Hilltop Community Childrens Center IncPittsburgh$1.1m
Susanna Wesley Family Learning Center IncCharleston$1.1m