Twenty Pearls Foundation Inc

Analysis

Twenty Pearls Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Twenty Pearls Foundation Inc reported income of $100k and spending of $134k, spending 134% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $217k to $100k (-54%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Twenty Pearls Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include Therapeutic Harp Foundation ($100k), Herbalists Without Borders Inc ($100k) and Hernia Repair for the Underserved ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 4.1% of the total. At year end it held assets of $255k against liabilities of $0, net assets of $255k.