Team Tobati Inc

Analysis

Team Tobati Inc is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Team Tobati Inc reported income of $392k and spending of $444k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $277k to $392k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Team Tobati Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within CT. Charities of a similar size with the same main cause include African Christian Schools Foundation Inc ($392k), Hong Kong Schools Alumni Federation Scholarship Foundation ($392k) and Mission Encounters International Inc ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.