TLC Foundation

Analysis

TLC Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, TLC Foundation reported income of $634k and spending of $725k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $432k to $634k (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 33%. 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, TLC Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OK. Charities of a similar size with the same main cause include New York State Association of Community Mental Health Centers in ($634k), The Bearded Collie Club of America Charitable Trust ($634k) and Schnurmacher CRN ($634k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $22k. At year end it held assets of $32k against liabilities of $21k, net assets of $11k. It reported 3 employees.