Twentieth Association Properties Inc

Analysis

Twentieth Association Properties Inc is a registered charity in United States, based in Chicopee, MA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Twentieth Association Properties Inc reported income of $235k and spending of $368k, spending 157% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $221k to $235k (+6.0%), an average of +2.0% a year. Over the whole period it spent 162% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Twentieth Association Properties Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Casabe Housing Development Fund Company Inc ($235k), Emporia Jaycee Housing Corporation ($235k) and Columbia Housing Center Inc ($235k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $4.1m against liabilities of $3.0m, net assets of $1.1m.

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.