2twenty Club

Analysis

2twenty Club is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2024, 2twenty Club reported income of $55k and spending of $46k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $57k to $55k (-3.6%), an average of -3.6% a year. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 2twenty Club sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Foundation for the Yakima Valley Fair and Rodeo ($55k), Safe Haven Resources ($55k) and Love Lift Ministries ($55k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.