TDC Foundation Inc

Analysis

TDC Foundation Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, TDC Foundation Inc reported income of $86k and spending of $20k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $86k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 23% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, TDC Foundation Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Cherokees of Georgia Intertribal Council Inc ($86k), Avalon Rescue Squad Inc ($86k) and Windham Free Library Assn ($86k).

At year end it held assets of $1.9m against liabilities of $28k, net assets of $1.9m.