Touch of Silver Twirling Corps Ltd

Analysis

Touch of Silver Twirling Corps Ltd is a registered charity in United States, based in Oshkosh, WI. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Touch of Silver Twirling Corps Ltd reported income of $147k and spending of $94k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $163k to $147k (-9.4%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Touch of Silver Twirling Corps Ltd sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within WI. Charities of a similar size with the same main cause include Justin Carr Wants World Peace ($147k), American Tamil Entrepreneurs Association ($148k) and National Double Dutch League Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 46% of the total. At year end it held assets of $323k against liabilities of $0, net assets of $323k.