EHealth CareEIN: 843144648· Ruling Year: 2020

Tmc3 Development Corporation

Houston, Texas

CHealth Score
43C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.76×
Peer Median29.34×
💰
$2.6M
Total Revenue
📊
$4.5M
Total Expenses
🏦
$21.3M
Net Assets
📋
$187.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+325.0%
Year-over-year change (2022 → 2023)
Net Margin
-69.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.76
Net assets divided by total expenses
Liabilities-to-Assets
89.8%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$2,647,341325%$4,475,99224832%$208,436,5413%
2022$622,96661295%$17,95323%$214,630,8974%
2021-$1,018100%$14,54545%$205,789,4891%
2020$22,556,595$10,000$203,250,09320325009200%
2019$0$0$1

Frequently Asked Questions

What does Tmc3 Development Corporation do?

Tmc3 Development Corporation is a health care nonprofit organization based in Texas. It is classified under NTEE code E19 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Tmc3 Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Tmc3 Development Corporation has a score of 43/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Tmc3 Development Corporation generate?

Tmc3 Development Corporation reports $7.2M in annual revenue and holds $203.0M in total assets, based on IRS filings.

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Tmc3 Development Corporation — Houston, TX | GiveScope