TCHFH Lending Inc

Analysis

TCHFH Lending Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 1987, 39 years ago. 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 June 2023, TCHFH Lending Inc reported income of $2.5m and spending of $1.7m, leaving 30% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $2.5m (+103%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 172%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, TCHFH Lending Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Foundation for Advancement in Conservation ($2.5m), Kappa Kappa Kappa Inc ($2.5m) and Wyoming School Boards Association ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $71k (4.1% of expenses). Other salaries and wages came to $619k. At year end it held assets of $9.9m against liabilities of $7.0m, net assets of $3.0m.