2 2 Collective Inc

Analysis

2 2 Collective Inc is a registered charity in United States, based in Douglasville, GA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, 2 2 Collective Inc reported income of $75k and spending of $75k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $75k (+19%), an average of +4.3% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 124% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 2 2 Collective Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within GA. Charities of a similar size with the same main cause include I43 Inc ($75k), Beacon of Hope Christian Ministry ($75k) and Shepherds Fold Ministries Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. At year end it held assets of $999k against liabilities of $79k, net assets of $919k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.