Is Tmc Healthcare Legit?

Spending Breakdown

How Tmc Healthcare allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Tmc Healthcare

Is Tmc Healthcare a legitimate charity?

Based on AI analysis of IRS 990 filings, Tmc Healthcare (EIN: 202218975) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.

Is Tmc Healthcare a good charity to donate to?

Tmc Healthcare has a Mission Score of 70/100. Revenue: $22.1M. Assets: $50.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Tmc Healthcare?

The Employer Identification Number (EIN) for Tmc Healthcare is 202218975. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Tmc Healthcare spend its money?

Tmc Healthcare allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Tmc Healthcare's tax-exempt status?

You can verify Tmc Healthcare's tax-exempt status using EIN 202218975 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Tmc Healthcare demonstrates a fluctuating financial performance over the past several years, with significant swings in revenue and expenses. For instance, in 2023, the organization reported revenue of $10,070,870 against expenses of $11,312,202, indicating a deficit for the year. This trend of expenses exceeding revenue is also observed in 2022 ($3,344,698 revenue vs. $3,735,592 expenses) and even more dramatically in 2019 and 2018 where revenue was negative. Despite these operational deficits in some years, the organization has consistently grown its assets, reaching $42,718,273 in 2023 from $20,569,221 in 2019, suggesting significant capital investments or other asset accumulation strategies. The absence of reported officer compensation across all available filings indicates a high degree of transparency regarding executive pay, or that executive compensation is handled through a related entity not reflected in these specific filings.

The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) which is not provided in the summary data. However, the consistent operational deficits in recent years (e.g., $1,241,332 in 2023) raise questions about long-term financial sustainability if not offset by other income streams or strategic asset management. The growth in assets alongside these deficits suggests a complex financial structure, possibly involving endowments, investment gains, or significant non-operating revenue not captured in the 'Revenue' field provided. The lack of reported officer compensation is a positive indicator of transparency regarding executive pay, though it would be beneficial to understand the full compensation structure if executives are compensated through other means.

Verdict: Tmc Healthcare appears trustworthy

Red Flags

Strengths