Equality Toledo Inc
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
Where the income comes from
- Contributions & grants 59%
- Program services 41%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sychar Springs International | Gig Harbor | $146k |
| Nueva Creacion de Dios | Los Angeles | $146k |
| St Edwards Food and Wellness Center Inc | Providence | $146k |
| Custom One Charities | Woodbury | $146k |