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Equality Toledo Inc

RegisteredEIN 20-2261163Toledo, OHPoverty relief
Income$146k2023-12
Spending$135ksame year
Spent / received90%2-year average
Size in its cause41st pctPoverty relief
Exempt since2006Publicly supported organisat
Employees0latest return

Analysis

Equality Toledo Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in February 2006, 20 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, Equality Toledo Inc reported income of $146k and spending of $135k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $146k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equality Toledo Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include Sychar Springs International ($146k), Nueva Creacion de Dios ($146k) and St Edwards Food and Wellness Center Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.

Income and spending

$0$37k$73k$110k$146k2022 Income: $99,8992022 Spending: $86,83720222023 Income: $146,1862023 Spending: $134,6852023
IncomeSpending

Where the income comes from

  • Contributions & grants 59%
  • Program services 41%

Similar-sized charities, same cause

CharityLocationIncome
Sychar Springs InternationalGig Harbor$146k
Nueva Creacion de DiosLos Angeles$146k
St Edwards Food and Wellness Center IncProvidence$146k
Custom One CharitiesWoodbury$146k