Twin Lakes Auxiliary

Analysis

Twin Lakes Auxiliary is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in July 1995, 31 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 April 2024, Twin Lakes Auxiliary reported income of $288k and spending of $238k, spending 83% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $224k to $288k (+29%), an average of +28% a year. The sharpest change came in the year to April 2024, when income rose by 29%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Twin Lakes Auxiliary sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Watch Care Inc ($288k), Camp Yakety Yak ($288k) and Kinh 5 Foundation ($288k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 65% of the total. At year end it held assets of $389k against liabilities of $0, net assets of $389k.