Twin Pines Cooperative Foundation

Analysis

Twin Pines Cooperative Foundation is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in May 1965, 61 years ago. 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 Pines Cooperative Foundation reported income of $584k and spending of $262k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $370k to $584k (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Twin Pines Cooperative Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Islamic Association of Northeastern Pennsylvania ($584k), Society for Ambulatory Anesthesia ($584k) and Pittsburgh Leadership Foundation ($584k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. Compensation of current officers, directors and key employees was $51k (19% of expenses). At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.