Titus Two Partnership Incorporated

Analysis

Titus Two Partnership Incorporated is a registered charity in United States, based in Lynn Haven, FL. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Titus Two Partnership Incorporated reported income of $84k and spending of $99k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $84k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Titus Two Partnership Incorporated sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Villas at Bayou Park Inc ($84k), Independent Living Horizons Two Inc ($84k) and North County African American Womens Association Incorporated ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.