Pirate Toy Fund

Analysis

Pirate Toy Fund is a registered charity in United States, based in Spencerport, NY. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pirate Toy Fund reported income of $946k and spending of $403k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $946k (+316%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pirate Toy Fund sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Community Spa Mikveh ($946k), Home of Hope International Inc ($946k) and Hope Ranch for Women Inc ($946k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $70k (17% of expenses). Other salaries and wages came to $48k. At year end it held assets of $1.1m against liabilities of $323, net assets of $1.1m.