Twin Cities Orthopedics Foundation

Analysis

Twin Cities Orthopedics Foundation is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover medical research, 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 Orthopedics Foundation reported income of $1.0m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $379k to $1.0m (+170%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 95% 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 Orthopedics Foundation sits at the 64th percentile: it is larger than about 64% 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 Nyaya Health a Nonprofit Corporation ($1.0m), Mid-State Community Development Corporation ($1.0m) and Foundation for Spinal Restoration ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $649k. At year end it held assets of $320k against liabilities of $0, net assets of $320k.