Charles Toonie Cash Evangelistic Association

Analysis

Charles Toonie Cash Evangelistic Association is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in May 1972, 54 years ago. 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, Charles Toonie Cash Evangelistic Association reported income of $94k and spending of $120k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $96k to $94k (-1.7%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charles Toonie Cash Evangelistic Association sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within TN. Charities of a similar size with the same main cause include Volunteers of America Inc ($94k), Charlottesville High School Band Boosters ($94k) and South Dakota Bankers Association Foundation ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $57k (47% of expenses). At year end it held assets of $14k against liabilities of $0, net assets of $14k.