Twirl to the World Foundation

Analysis

Twirl to the World Foundation is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 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, Twirl to the World Foundation reported income of $115k and spending of $78k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $115k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Twirl to the World Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Highland High Choir Boosters ($115k), Ludwigs Corner Horse Show Association Foundation ($115k) and Firefighters Helping Firefighters Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.