Two Chairs Inc

Analysis

Two Chairs Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Two Chairs Inc reported income of $401k and spending of $264k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $401k (+369%), an average of +47% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Two Chairs Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Swayam Krishi Sangam Foundation ($401k), Open Arms Worldwide ($401k) and Bridge a Life Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.