Tmcone

Analysis

Tmcone is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tmcone reported income of $27.0m and spending of $27.0m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $10.7m to $27.0m (+151%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tmcone sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include CCMH Corporation ($27.0m), Butler Cancer Associates Inc ($27.0m) and North Shore Community Health Inc ($26.9m).

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 $23.2m. At year end it held assets of $1.0m against liabilities of $3.2m, net assets of -$2.1m. It reported 147 employees.