TCN Inc

Analysis

TCN Inc is a registered charity in United States, based in Charlotte, VT. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, TCN Inc reported income of $160k and spending of $161k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $160k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, TCN Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 39th percentile within VT. Charities of a similar size with the same main cause include Ulster County Italian American Foundation Inc ($160k), Umbrella Latch Key Program ($160k) and Redbrick Studio ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. At year end it held assets of $102k against liabilities of $5,407, net assets of $97k.