Twin Pines Apartments Inc

Analysis

Twin Pines Apartments Inc is a registered charity in United States, based in Idaho Falls, ID. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 October 2023, Twin Pines Apartments Inc reported income of $594k and spending of $329k, leaving 45% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $314k to $594k (+89%), an average of +17% a year. The sharpest change came in the year to October 2023, when income rose by 117%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Twin Pines Apartments Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within ID. Charities of a similar size with the same main cause include C E Ware Towers Incorporated ($594k), Ahepa 310-Iii Inc ($595k) and Ahepa 501-Iii Inc ($594k).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 37% of the total. At year end it held assets of $614k against liabilities of $41k, net assets of $573k.