TLC Preschool

Analysis

TLC Preschool is a registered charity in United States, based in Orion, IL. It received its IRS tax-exemption ruling in September 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, TLC Preschool reported income of $59k and spending of $65k, spending 110% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $64k to $59k (-7.8%), an average of -7.8% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, TLC Preschool sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Hill City Senior Citizens Center ($59k), Chrysalis Ministries Inc ($59k) and Public Library Association of Cheshire ($59k).

On its Form 990-EZ for the period ending July 2023, revenue came from program service revenue 78% of the total. At year end it held assets of $42k against liabilities of $11k, net assets of $31k.