Twin Cities Tai Chi Chuan

Analysis

Twin Cities Tai Chi Chuan is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Twin Cities Tai Chi Chuan reported income of $101k and spending of $81k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $101k (+17%), an average of +4.0% a year. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Twin Cities Tai Chi Chuan sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within MN. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($101k), Pop Warner Little Scholars Inc ($101k) and Grafton Midview Hot Stove ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $41k (50% of expenses). At year end it held assets of $191k against liabilities of $0, net assets of $191k. It reported 1 employees.