Florida TLC Child Care Inc

Analysis

Florida TLC Child Care Inc is a registered charity in United States, based in Franklinton, LA. It received its IRS tax-exemption ruling in April 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Florida TLC Child Care Inc reported income of $998k and spending of $992k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $871k to $998k (+14%), an average of +3.4% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida TLC Child Care Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Csi Trust Company ($998k), Ruth Chapman & Andrew G Cowles Memorial Trustfc ($998k) and Volunteers of America Inc ($998k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (5.5% of expenses). Other salaries and wages came to $42k. At year end it held assets of $192k against liabilities of $169k, net assets of $22k. It reported 3 employees.