Lincroft Center for Children-Tlc

Analysis

Lincroft Center for Children-Tlc is a registered charity in United States, based in Lincroft, NJ. It received its IRS tax-exemption ruling in October 2015, 11 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, Lincroft Center for Children-Tlc reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.3m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lincroft Center for Children-Tlc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Main Street Closet ($1.3m), Mejor Via Foundation ($1.3m) and Carolyn Stokes Day Nursery ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $103k (8.1% of expenses). Other salaries and wages came to $751k. At year end it held assets of $365k against liabilities of $0, net assets of $365k. It reported 29 employees.