Townhall II

Analysis

Townhall II is a registered charity in United States, based in Kent, OH. It received its IRS tax-exemption ruling in February 1972, 54 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Townhall II reported income of $5.1m and spending of $4.5m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.7m to $5.1m (+35%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Townhall II sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Community Medical Associates Inc ($5.1m), National Society to Prevent Blindness ($5.1m) and Tamarack Center ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $2.5m against liabilities of $299k, net assets of $2.2m. It reported 85 employees.