Twin Valley Developmental Services Inc

Analysis

Twin Valley Developmental Services Inc is a registered charity in United States, based in Greenleaf, KS. It received its IRS tax-exemption ruling in April 1977, 49 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Twin Valley Developmental Services Inc reported income of $7.5m and spending of $7.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $7.5m (+61%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Twin Valley Developmental Services Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within KS. Charities of a similar size with the same main cause include Groundtruth Project Inc ($7.5m), Jobs for Americas Graduates Inc ($7.5m) and Main Street Launch ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $113k (1.5% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $3.2m against liabilities of $430k, net assets of $2.8m. It reported 154 employees.