TLC Health & Wellness

Analysis

TLC Health & Wellness is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Health & Wellness reported income of $864k and spending of $795k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $864k (+342%), an average of +342% a year. The sharpest change came in the year to December 2023, when income rose by 342%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, TLC Health & Wellness sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Band of Parents Inc ($864k), Fayette Community Council on Aging and Aged Inc ($864k) and Food Bank of the Lakelands ($864k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $143k (18% of expenses). Other salaries and wages came to $244k. At year end it held assets of $179k against liabilities of $0, net assets of $179k. It reported 15 employees.