Twisted Pink Inc

Analysis

Twisted Pink Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Twisted Pink Inc reported income of $3.3m and spending of $3.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $332k to $3.3m (+886%), an average of +77% a year. The sharpest change came in the year to December 2021, when income rose by 934%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Twisted Pink Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Wiregrass United Way Inc ($3.3m), World of Discovery Day Camp of Queens Inc ($3.3m) and St Louis Public Schools Foundation ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $100k (3.1% of expenses). Other salaries and wages came to $46k. At year end it held assets of $417k against liabilities of $11k, net assets of $406k. It reported 5 employees.