Twin Cedars Inc

Analysis

Twin Cedars Inc is a registered charity in United States, based in Guthrie, OK. It received its IRS tax-exemption ruling in March 1973, 53 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Twin Cedars Inc reported income of $1.0m and spending of $1.0m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $873k to $1.0m (+18%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Twin Cedars Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OK. Charities of a similar size with the same main cause include Vienna Youth Inc ($1.0m), Blau Weiss Gottschee Inc ($1.0m) and Camp Mesifta Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $67k (6.5% of expenses). Other salaries and wages came to $247k. At year end it held assets of $2.1m against liabilities of $409k, net assets of $1.7m. It reported 21 employees.