The TVRC Education Foundation
Analysis
The TVRC Education Foundation is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 October 2023, The TVRC Education Foundation reported income of $2.9m and spending of $2.7m, spending 95% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.9m to $2.9m (+55%), an average of +12% a year. The sharpest change came in the year to October 2023, when income rose by 163%. Over the whole period it spent 96% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, The TVRC Education Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 93rd percentile within WY. Charities of a similar size with the same main cause include Boys & Girls Clubs of East Mississippi Inc ($2.9m), Youth Venture Inc ($2.9m) and Childrens Cancer Partners of the Carolinas Inc ($2.9m).
On its Form 990 for the period ending October 2023, revenue came from contributions and grants 24% and program service revenue 66% of the total. Other salaries and wages came to $706k. At year end it held assets of $16.9m against liabilities of $453k, net assets of $16.4m. It reported 121 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 66%
- Other 10.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boys & Girls Clubs of East Mississippi Inc | Meridian | $2.9m |
| Youth Venture Inc | Arlington | $2.9m |
| Childrens Cancer Partners of the Carolinas Inc | Spartanburg | $2.9m |
| Kids in the Spotlight Inc | Burbank | $2.9m |