The Twin Cities Christian Foundation

Analysis

The Twin Cities Christian Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Twin Cities Christian Foundation reported income of $1.1m and spending of $1.3m, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $962k to $1.1m (+12%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Twin Cities Christian Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include St Andrews Charitable Foundation ($1.1m), Crescent Cities Jaycees Foundation Incorporated ($1.1m) and Jewish Federation of Greater Buffalo Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $676k (54% of expenses). Other salaries and wages came to $157k. At year end it held assets of $344k against liabilities of $84k, net assets of $260k. It reported 6 employees.