Twin Cities Ministries

Analysis

Twin Cities Ministries is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 2014, 12 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, Twin Cities Ministries reported income of $177k and spending of $170k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $299k to $177k (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Twin Cities Ministries sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Cohasset Center for Student Coastal Research Inc ($177k), The Open Door Christian Center Inc ($177k) and Family Cancer Network Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $129k (76% of expenses). Other salaries and wages came to $376. At year end it held assets of $197k against liabilities of $106k, net assets of $92k. It reported 3 employees.