Robert a Toigo Foundation

Analysis

Robert a Toigo Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 1994, 32 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, Robert a Toigo Foundation reported income of $3.2m and spending of $4.8m, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $3.2m (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Robert a Toigo Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Horizon Science Academy-Dayton ($3.2m), The National Society of Collegiate Scholars ($3.2m) and Cristo Rey Philadelphia High School Work Study Program ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $465k (9.8% of expenses). Other salaries and wages came to $733k. At year end it held assets of $5.6m against liabilities of $563k, net assets of $5.0m. It reported 9 employees.