Press Herald Toy Fund

Analysis

Press Herald Toy Fund is a registered charity in United States, based in S Portland, ME. It received its IRS tax-exemption ruling in February 1979, 47 years ago. 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 February 2024, Press Herald Toy Fund reported income of $63k and spending of $58k, spending 92% of its income. Across the 4 years on record, from February 2021 to February 2024, income fell from $266k to $63k (-76%), an average of -38% a year. The sharpest change came in the year to February 2024, when income dropped by 70%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Press Herald Toy Fund sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 18th percentile within ME. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($63k), Jordan-Elbridge Area Church Board Inc ($63k) and PTA Washington Congress ($63k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 288% of the total. At year end it held assets of $372k against liabilities of $0, net assets of $372k.