TLC Connection

Analysis

TLC Connection is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in January 2005, 21 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 December 2023, TLC Connection reported income of $5.0m and spending of $5.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to December 2023, income grew from $578k to $5.0m (+772%), an average of +72% a year. The sharpest change came in the year to June 2020, when income rose by 198%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, TLC Connection sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Plan-It Life Inc ($5.0m), Connexus Human Service Network ($5.0m) and Family Wellness LLC ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $3.8m (77% of expenses). Other salaries and wages came to $21. At year end it held assets of $236k against liabilities of -$179k, net assets of $415k. It reported 15 employees.