Twenty Cultured Pearls Foundation

Analysis

Twenty Cultured Pearls Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Twenty Cultured Pearls Foundation reported income of $134k and spending of $36k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $134k (+41%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Twenty Cultured Pearls Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Nasig ($134k), Capitol Hill Cluster School Parent Teacher Association ($134k) and Radiant Authentic Resilient Equipped Pearls ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 164% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.