TLC Foundation for Homeless Children of San Joaquin County

Analysis

TLC Foundation for Homeless Children of San Joaquin County is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, TLC Foundation for Homeless Children of San Joaquin County reported income of $80k and spending of $88k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $277k to $80k (-71%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 75%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, TLC Foundation for Homeless Children of San Joaquin County sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Lakewood Elementary Parent Teacher Organization ($80k), The Source of Hope ($80k) and Birdville Independent School District FDN for Educational Excel ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $729k against liabilities of $0, net assets of $729k.