TLC Charities Foundation Inc

Analysis

TLC Charities Foundation Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in September 2004, 22 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, TLC Charities Foundation Inc reported income of $221k and spending of $91k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $221k (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, TLC Charities Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within KS. Charities of a similar size with the same main cause include Grace Community Service Inc ($221k), Christian Cupboard Inc ($221k) and Interfaith Caregivers - Faith in Action in Faribault County ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.