TLC Family Resource Center

Analysis

TLC Family Resource Center is a registered charity in United States, based in Claremont, NH. It received its IRS tax-exemption ruling in June 2004, 22 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 June 2023, TLC Family Resource Center reported income of $2.6m and spending of $2.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $2.6m (+130%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, TLC Family Resource Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NH. Charities of a similar size with the same main cause include Elijahs Promise ($2.6m), Senior Community Services ($2.6m) and Columbia Gorge Helping Hands Food Salvage ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $2.3m against liabilities of $700k, net assets of $1.6m. It reported 35 employees.