Twelve Baskets

Analysis

Twelve Baskets is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Twelve Baskets reported income of $298k and spending of $191k, leaving 36% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $267k to $298k (+12%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Twelve Baskets sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Neighborhoods Hands ($298k), Phoebe Pember Foundation ($298k) and Staffserve ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $656k against liabilities of $63k, net assets of $593k.