TVCS

Analysis

TVCS is a registered charity in United States, based in Winchester, CA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, TVCS reported income of $7.3m and spending of $6.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $7.3m (+31%), an average of +7.1% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, TVCS sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Education Explosion Inc ($7.3m), Mountainville Academy ($7.3m) and White Earth Tribal and Community College ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $122k (1.9% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $9.4m against liabilities of $1.1m, net assets of $8.3m. It reported 121 employees.