Twin Steeples Inc

Analysis

Twin Steeples Inc is a registered charity in United States, based in Ponchatoula, LA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Steeples Inc reported income of $118k and spending of $158k, spending 135% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $300k to $118k (-61%), an average of -27% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 30% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Twin Steeples Inc 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 41st percentile, and in the 40th percentile within LA. Charities of a similar size with the same main cause include Loiloa ($118k), San Ramon Valley Dance Boosters Inc ($118k) and Austin Visual Arts Association ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 31% of the total. Other salaries and wages came to $46k. At year end it held assets of $880k against liabilities of $235, net assets of $880k. It reported 5 employees.