TCWC

Analysis

TCWC is a registered charity in United States, based in Roanoke, TX. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, TCWC reported income of $74k and spending of $87k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $74k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, TCWC sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include New Life Say Yes Center Inc ($74k), Nymc - School of Medicine Faculty Practice Corporation ($74k) and Marthas Vineyard Touchdown Club ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 11% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.