Twelfth Step Service Inc

Analysis

Twelfth Step Service Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in March 1948, 78 years ago. 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, Twelfth Step Service Inc reported income of $55k and spending of $48k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $55k (+81%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Twelfth Step Service Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($55k), North Posey Youth Club Inc Hwy 165 & 68 ($55k) and Minnesota Golf Charity Events ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.