TCF Foundation

Analysis

TCF Foundation is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, TCF Foundation reported income of $133k and spending of $150k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $297k to $133k (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, TCF Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Golden Isles YMCA Foundation Inc ($133k), North Mecklenburg Womans Club ($133k) and Village Family ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $3.0m against liabilities of $391, net assets of $3.0m.