Tolby Supporting Organizationendowment Trust Arizona

Analysis

Tolby Supporting Organizationendowment Trust Arizona is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 2009, 17 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tolby Supporting Organizationendowment Trust Arizona reported income of $52k and spending of $45k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26k to $52k (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tolby Supporting Organizationendowment Trust Arizona sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include Neosho County Area Agency on Aging Inc ($52k), West Potomac Band Patrons Organization ($52k) and Montana Association of Symphony Orchestras ($52k).

Compensation of current officers, directors and key employees was $26k (58% of expenses). At year end it held assets of $982k against liabilities of $0, net assets of $982k.