Toby Project Inc

Analysis

Toby Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Toby Project Inc reported income of $170k and spending of $189k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $364k to $170k (-53%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 103% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Toby Project Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Stillwater Cat Haven ($170k), Badass Bulldog Rescue Inc ($170k) and River Otter Ecology Project ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.