Twin City Mission

Analysis

Twin City Mission is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in October 1965, 61 years ago. 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 August 2023, Twin City Mission reported income of $4.7m and spending of $4.6m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.9m to $4.7m (+21%), an average of +4.9% a year. The sharpest change came in the year to August 2021, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Twin City Mission sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Redhouse Arts Center Inc ($4.7m), Health Brigade ($4.7m) and Coastal Heritage Society Inc ($4.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $79k (1.7% of expenses). Other salaries and wages came to $2.1m. It paid $150k in professional fundraising fees. At year end it held assets of $8.1m against liabilities of $340k, net assets of $7.8m. It reported 77 employees.