TLV Charities

Analysis

TLV Charities is a registered charity in United States, based in Grayslake, IL. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, TLV Charities reported income of $96k and spending of $144k, spending 149% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $96k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, TLV Charities sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Tipton County Economic Development Foundation Inc ($96k), Pasadena Junior Chamber of Commerce Foundation ($96k) and Petersville Community Non-Profit Corporation ($96k).

At year end it held assets of $25k against liabilities of $0, net assets of $25k.