Twilight Acres Inc

Analysis

Twilight Acres Inc is a registered charity in United States, based in Wall Lake, IA. It received its IRS tax-exemption ruling in September 1966, 60 years ago. 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, Twilight Acres Inc reported income of $2.8m and spending of $3.1m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.8m (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Twilight Acres Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include West Valley Boys & Girls Club ($2.8m), Habitat for Humanity International Inc ($2.8m) and Cran Hill Ministries ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 97% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $1.2m against liabilities of $351k, net assets of $885k. It reported 67 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.