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Twin Cities Recovery Project Inc

RegisteredEIN 81-3024536Minneapolis, MNHealth and saving lives
Income$1.1m2023-12
Spending$1.1msame year
Spent / received97%4-year average
Size in its cause65th pctHealth and saving lives
Exempt since2017Publicly supported organisat
Employees24latest return

Analysis

Twin Cities Recovery Project Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, 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, Twin Cities Recovery Project Inc reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $587k to $1.1m (+88%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Twin Cities Recovery Project Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Grassroots Health ($1.1m), First Nations Community Healthsource Pharmacy ($1.1m) and Medical Science Liaison Society Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $104k (9.6% of expenses). Other salaries and wages came to $543k. At year end it held assets of $353k against liabilities of $247k, net assets of $106k. It reported 24 employees.

Income and spending

$0$276k$552k$828k$1.1m2020 Income: $586,9382020 Spending: $521,42320202021 Income: $628,2622021 Spending: $636,19820212022 Income: $770,7622022 Spending: $764,84220222023 Income: $1,104,3772023 Spending: $1,086,2312023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Grassroots HealthWashington$1.1m
First Nations Community Healthsource PharmacyAlbuquerque$1.1m
Medical Science Liaison Society IncWeston$1.1m
Tara Miller Melanoma FoundationLongport$1.1m