Twice Is Nice Inc

Analysis

Twice Is Nice Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Twice Is Nice Inc reported income of $1.3m and spending of $829k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $746k to $1.3m (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Twice Is Nice Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include James Island Presbyterian Foundation ($1.3m), Fostering Solutions ($1.3m) and Island Thrift ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Other salaries and wages came to $233k. At year end it held assets of $2.1m against liabilities of $9,866, net assets of $2.1m. It reported 20 employees.