TLC Ministries

Analysis

TLC Ministries is a registered charity in United States, based in Buford, GA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Ministries reported income of $145k and spending of $74k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $151k to $145k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, TLC Ministries sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include Shekinah Glory Outreach Shelter ($145k), Board of Jewish Education of Atlantic County Inc ($145k) and Mandos Mission ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $5,797, net assets of $1.6m.