Tcig Inc

Analysis

Tcig Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tcig Inc reported income of $1.1m and spending of $521k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.1m to $1.1m (-1.0%), an average of -1.0% a year. Over the whole period it spent 29% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tcig Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within VT. Charities of a similar size with the same main cause include Endeavor Therapeutic Horsemanship Inc ($1.1m), Hemophilia Foundation of Greater Florida Inc ($1.1m) and Acon Services ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.6m against liabilities of $1.5m, net assets of $2.1m.