Twenty20 Faith Inc

Analysis

Twenty20 Faith Inc is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Twenty20 Faith Inc reported income of $83k and spending of $84k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $83k (-14%), an average of -14% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Twenty20 Faith Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Reverberations Inc ($83k), PMW Ministries ($83k) and John Karl Davis Evangelism Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.