22 Too Many Inc

Analysis

22 Too Many Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in November 2023, 3 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, 22 Too Many Inc reported income of $71k and spending of $70k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $83k to $71k (-15%), an average of -7.7% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 22 Too Many Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within MD. Charities of a similar size with the same main cause include Lifeline Food Pantry ($71k), Freedom Food Pantry Inc ($71k) and Helping Ensure Africa Looms International Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $71k against liabilities of $70k, net assets of $575.