T C T of Michigan Inc

Analysis

T C T of Michigan Inc is a registered charity in United States, based in Marion, IL. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, T C T of Michigan Inc reported income of $310k and spending of $2.3m, spending 745% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.5m to $310k (-94%), an average of -51% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, T C T of Michigan Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Gideon Fellowship International ($310k), American Friends of Chabad of Portugal Inc ($310k) and Equip2serve ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 3.2% of the total. At year end it held assets of $2.6m against liabilities of -$976, net assets of $2.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.