TMC Healthcare

Analysis

TMC Healthcare is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, TMC Healthcare reported income of $10.1m and spending of $11.3m, spending 112% of what it took in. The sharpest change came in the year to December 2022, when income rose by 80340%. Over the whole period it spent 151% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, TMC Healthcare sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include B C V V Inc ($10.1m), Apostolic Christian Home of Eureka ($10.1m) and PMHC Cancer Center ($10.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $175k (1.5% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $42.7m against liabilities of $4.8m, net assets of $38.0m.