TFCC America

Analysis

TFCC America is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, TFCC America reported income of $155k and spending of $66k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $14k to $155k (+976%), an average of +976% a year. The sharpest change came in the year to December 2023, when income rose by 976%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, TFCC America sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Kimberley L Martin Foundation Inc ($155k), Waconia Choir Boosters ($155k) and Friends of the University of Surrey Inc ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.