TLC Transitional Living Communities

Analysis

TLC Transitional Living Communities is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in August 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, TLC Transitional Living Communities reported income of $10.3m and spending of $10.6m, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $9.2m to $10.3m (+12%), an average of +3.9% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, TLC Transitional Living Communities sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include Manna on Main Street ($10.3m), Federal Defender Program Inc ($10.3m) and Alternative Supports Inc ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $140k (1.3% of expenses). At year end it held assets of $2.7m against liabilities of $667k, net assets of $2.0m. It reported 523 employees.