TW Foundation Inc

Analysis

TW Foundation Inc is a registered charity in United States, based in Stone MTN, GA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover human services, 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 December 2023, TW Foundation Inc reported income of $120k and spending of $48k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $15k to $120k (+719%), an average of +719% a year. The sharpest change came in the year to December 2023, when income rose by 719%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, TW Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within GA. Charities of a similar size with the same main cause include St Richard of Chichester Conference of the Society of St Vincent de ($120k), Atlas of Spencer ($120k) and V & Me ($120k).

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 $1 against liabilities of $0, net assets of $1.