Twigs of Childrens Hospital

Analysis

Twigs of Childrens Hospital is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 1956, 70 years ago. 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, Twigs of Childrens Hospital reported income of $259k and spending of $258k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $163k to $259k (+59%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Twigs of Childrens Hospital sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Posey County Thrift Shop Inc ($259k), The North American Conference on British Studies Inc ($259k) and Greater Newark Holiday Fund Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.