Abc Toon Town II Educational Center
Analysis
Abc Toon Town II Educational Center is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Abc Toon Town II Educational Center reported income of $1.4m and spending of $1.6m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $992k to $1.4m (+45%), an average of +9.6% a year. Over the whole period it spent 81% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abc Toon Town II Educational Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Friends Life Community ($1.4m), Carolina Therapeutic Services Community Development Inc ($1.4m) and Mercy House of the Southern Tier Inc ($1.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $824k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 25 employees.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 70%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends Life Community | Nashville | $1.4m |
| Carolina Therapeutic Services Community Development Inc | Gastonia | $1.4m |
| Mercy House of the Southern Tier Inc | Endicott | $1.4m |
| Lincoln Freed | Spokane | $1.4m |